20. Pilot Ltd., had three departments A, B and C. The following information is provided ABRs.Rs.Opening Stock3,0004,000Consumption of Direct Materials 8,00012,0005,00010,000Closing Stock4,00014,000 8,000Sales34,000Stocks of each department are valued at cost to the department concerned. Stocks of'A' department are transferred to B at a margin of 50% above departmental cost.Stocks of B department are transferred to C department at a margin of 10% abovedepartmental costOther expenses were :Rs.Salaries2,000Printing and Stationery1,000Rent6,000Interest paid4,000Depreciation3,000Allocate expenses in the ratio of departmental gross profits. Opening figures ofreserve for unrealised profits on departmental stocks were:Department B Rs. 1,000Department C Rs. 2,000Prepare Departmental Trading and Profit and Loss Account

20. Pilot Ltd., had three departments A, B and C. The following inform

1.	20. Pilot Ltd., had three departments A, B and C. The following information is provided ABRs.Rs.Opening Stock3,0004,000Consumption of Direct Materials 8,00012,0005,00010,000Closing Stock4,00014,000 8,000Sales34,000Stocks of each department are valued at cost to the department concerned. Stocks of'A' department are transferred to B at a margin of 50% above departmental cost.Stocks of B department are transferred to C department at a margin of 10% abovedepartmental costOther expenses were :Rs.Salaries2,000Printing and Stationery1,000Rent6,000Interest paid4,000Depreciation3,000Allocate expenses in the ratio of departmental gross profits. Opening figures ofreserve for unrealised profits on departmental stocks were:Department B Rs. 1,000Department C Rs. 2,000Prepare Departmental Trading and Profit and Loss Account
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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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