Construction Limited is engaged on two contracts A and B during the year. The following particulars are obtained at the year-end (December 31):

Date of commencement Contract A Contract B April I Rs September I Rs Contract price 6,00,000 5,00,000 Materials issued 1,60,000 60,000 Materials returned 4,000 2,000 Materials at site (December 31) 22,000 8,000 Direct labour 1,50,000 42,000 Direct expenses 66,000 35,000 Establishment expenses 25,000 7,000 Plant installed at site 80,000 70,000 Value of plant (December 31) 65,000 64,000 Cost of contract not yet certified 23,000 10,000 Value of contract certified 4,20,000 1,35,000 Cash received from contractees 3,78,000 1,25,000 Architect’s fees 2,000 1,000 During the period materials amounting to Rs 9,000 have been transferred from contract A to contract B.
You are required to show:

(a) contract accounts,

(b) contractees’ accounts, and

(c) extract from balance sheet as on December 31, clearly showing the calculation of work-in-progress.