From the following information, you are required to prepare Jaipur Branch Account in the books of Cennai H.O. for the year ending Mar 31, 2009.
|
Rs |
Rs |
||
|
Opening Stock (at cost) |
2,00,000 |
Closing Stock (at cost) |
2,75,000 |
|
Opening Debtors |
20,000 |
Closing Debtors |
2,00,000 |
|
Opening Petty Cash |
1,000 |
Closing Petty Cash |
500 |
|
Opening Creditors |
10,000 |
Furniture (at end) |
? |
|
Furniture (beginning) |
25,000 |
Closing Creditors |
7,500 |
|
Goods sent to Branch |
Goods sent to Branch |
||
|
(at cost) |
7,00,000 |
for Expenses |
75,000 |
|
Goods Returned by |
|||
|
Branch (at cost) |
25,000 |
Cash Received from Debtors |
6,25,000 |
|
Cash sales |
1,25,000 |
Depreciate the furniture @ 20% p.a.