Bharathiar University 2006 B.Com University - Question Paper

Credit purchases 26,400 Discount received 450
Returns inwards 1,225 B/R dishonored 200
Returns outwards 875 int. charged for Dishonor 15
Bills accepted 3,200 Bad debts 375
Bills receivable 4,800 Bad debts recovered 100

17 (a) The subsequent purchases were made by a business house having 3 Departments:

Department A - 1000 units
Department B - 2000 units Total cost
Department C - 2400 units Rs 1000000

Opening stocks were Dept. A – 120 units
Opening stocks were Dept. B _ 80 units
Opening stocks were Dept. C _ 152 units


The sales were
Dept.A _ 1020 units @ Rs.20 every
Dept. B_ 1929 units @ Rs.22.50 every
Dept. C_ 2496 units @ Rs25 every

The rate of G.P. is the identical in every case. obtain out the total cost of purchase for every department.


(OR)







Mr. Mani of Chennai has a branch at Tiruppu. Goods are invoiced To Tiruppur branch, the selling price being cost plus 25%. The Tiruppur branch keeps its own sales ledger and transmits all cash received to Chennai. All expenses are paid from Chennai. From the subsequent details prepare the Tiruppur branch account for the year 2002:
Rs
Stock1.1.2002 (invoice price) 1,250
Stock 31.12.2002 (invoice price) 1,500
Debtors 1.11.2002 700
Debtors 31.12.2002 900
Cash sales 5,400
Credit sales 3,500
Goods invoiced from Chennai 9,100

Earning:   Approval pending.