ILLUSTRATION8. Green & Co. has two Departments P and Q. Department P sells goods to Department Q at normal selling prices. From the following particulars prepare Departmental Trading and Profit and Loss Account for the year ended 31-3-2015 and also ascertain the Net Profit to be transferred to Balance Sheet : Particulars Department Q $ Department P $ 1,00,000 23,00,000 Opening Stock Purchases Goods from Department P Wages Travelling Expenses Closing Stock at cost to the Department Sales Printing and Stationery 1,00,000 10,000 5,00,000 23,00,000 20,000 NIL 2,00,000 7,00,000 1,60,000 1,40,000 1,80,000 15,00,000 16,000 Following expenses incurred for both the departments were not apportioned between the Departments : (a) Salaries $2,70,000 ; (6) Advertisement expenses $90,000 ; (c) General expenses $8,00,000 ; (d) Depreciation @ 25% on the machinery value of $ 48,000, Advertisement expenses are to be apportioned in the turnover ratio. Salaries in 2:1 ratio and Depreciation in 1 : 3 ratio between the Departments P and Q. General expenses are to be apportioned in 3 : 1 ratio