Prepare a departmental Trading and Profit and Loss A/c from the following:

Sales – Restaurant ` 5,00,000 Banquet – ` 3,00,000 Bar – ` 2,00,000 Cost of Sales – Restaurant – ` 2,00,000 Banquet – ` 1,20,000 Bar – ` 75,000 Wages and Salaries – Restaurant – ` 90,000 Banquet – ` 35,000 Bar – ` 20,000 Repairs and Maint. – Restaurant – ` 25,000 Banquet – ` 18,000 Bar – ` 7000

Unallocated expenses are to be apportioned according to the following basis:

(a) Gas and electricity – Restaurant 50%, Banquet 30%, Bar 20%.

(b) Rent and rates, depreciation according to the floor area occupied, which is restaurant 50%, Banquet 40%, Bar 10%.

(c) All other expenses are to be apportioned in the ratio of turnover.

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Gas and electricity Rent and rates Depreciation 30,000 70,000 60,000 Postage and telegram 15,000 Advertising 30,000 Laundry and cleaning 5000 Office and administration exp. 40,000