From the following particulars relating to the Kanya-Kumari branch for the year ended 31st December, 2017, prepare
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From the following particulars relating to the Kanya-Kumari branch for the year ended 31st December, 2017, prepare Branch Account in the books of Head Office:
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Particulars Goods sent to branch Cash sales Credit sales Cash received from Debtors Cash sent to branch for expenses: Rent Salaries Petty cash ₹ Particulars 28,400 Petty cash at branch on 1st January 2017 18,800 Petty cash at branch on 31st December 2017 41,200 38,000 Goods returned by the branch Opening stock at branch Debtors on 31st December 2017 Discount allowed to Debtors 2,000 8,000 Bad debts written-off by the branch 2,000 Stock at branch on 31st December 2017 ₹ 500 300 1,000 9,600 9,000 1,000 2,000 10,500
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Related Book For
Financial Accounting Volume II
ISBN: 9789387886230
4th Edition
Authors: Mohamed Hanif, Amitabha Mukherjee
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