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47% 000 > ciation at 15% p.a. on writt 12:15 PM Wed 29 Nov e firm closes its books on 31st D aown value
47% 000 > ciation at 15% p.a. on writt 12:15 PM Wed 29 Nov e firm closes its books on 31st D aown value method. LED D Tt Prepare Machinery account and Provision for depreciation Account for the years 2019 and 2020. (Round off decimals to the nearest rupee) Q.3a (10 Marks) The firm has two department, cloth and garment. The garments were made out of the cloth supplied by the cloth department at selling price. From the following figures, prepare Departmental trading and profit and loss Account and General profit & loss account for the year ending 31st March 2022. Particulars Opening stock Purchase Sales Wages General Expense Rent Interest on Investments received Reserves for Doubtful Debts Cloth Garment Department (3) Department (3) 12,00,000 40,000 12,00,000 80,000 24,00,000 12,00,000 20,000 15,000 56,000 2,50,000 40,000 to be maintained at 5% Page 2 of 3
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