Illustration 5.Delhi stores has its branch at Lucknow. Goods are Invoi

1.	Illustration 5.Delhi stores has its branch at Lucknow. Goods are Invoiced to thisbranch at 20% Profit on invoice.Price from the following details prepare Branch Account in the booksof Head office showing Branch profit :Goods Supplied to Branch (At Invoice price)Wages (Paid by Head Office)Rent (Paid by Head Office)Sundry Expenses (Paid by Head Office)Cash SaleCash Received from debtorsCredit saleDiscount allowed to customersGoods SpoiledGoods Returned by customers38,0001,5201,80020024,80010,00011.200400100200(DR. B.R.A.U. 2009)
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Illustration 5.Delhi stores has its branch at Lucknow. Goods are Invoiced to thisbranch at 20% Profit on invoice.Price from the following details prepare Branch Account in the booksof Head office showing Branch profit :Goods Supplied to Branch (At Invoice price)Wages (Paid by Head Office)Rent (Paid by Head Office)Sundry Expenses (Paid by Head Office)Cash SaleCash Received from debtorsCredit saleDiscount allowed to customersGoods SpoiledGoods Returned by customers38,0001,5201,80020024,80010,00011.200400100200(DR. B.R.A.U. 2009)

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