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From the following figure for a year relating to the Delhi branch of a head office which invoice good to its branch at cost plus 100% prepare branch account branch stock account branch data account branch address mint account branch profit and loss account good involves to branch 100000 gold receive from branch 100000 10000 cash receive cash and for expensive 25000 actual branch stop?
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From the following figure for a year relating to the Delhi branch of a...
Branch Account
- Goods Invoiced to Branch: Rs. 100,000
- Cost to Branch: Rs. 100,000 (Cost price) + Rs. 100,000 (100% mark-up) = Rs. 200,000
- Total Sales to Branch: Rs. 200,000
Branch Stock Account
- Opening Stock: Rs. 10,000
- Goods Received from Head Office: Rs. 100,000
- Closing Stock: Rs. 25,000 (actual branch stock)
- Stock at Cost: Rs. 100,000 + Rs. 10,000 (opening) - Rs. 25,000 (closing) = Rs. 85,000
Branch Data Account
- Cash Received from Branch: Rs. 10,000
- Expenses Incurred: Rs. 25,000
- Net Cash Flow: Rs. 10,000 (received) - Rs. 25,000 (expenses) = -Rs. 15,000 (deficit)
Branch Profit and Loss Account
- Sales Revenue: Rs. 200,000
- Cost of Goods Sold: Rs. 100,000 (goods invoiced to branch)
- Gross Profit: Rs. 200,000 (sales) - Rs. 100,000 (cost) = Rs. 100,000
- Net Profit Calculation:
- Gross Profit: Rs. 100,000
- Less: Expenses: Rs. 25,000
- Net Profit: Rs. 100,000 - Rs. 25,000 = Rs. 75,000
This summary provides a clear view of the financial activities of the Delhi branch, including sales, stock management, cash flow, and profit outcomes, ensuring a comprehensive understanding of the branch's financial performance for the year.
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From the following figure for a year relating to the Delhi branch of a head office which invoice good to its branch at cost plus 100% prepare branch account branch stock account branch data account branch address mint account branch profit and loss account good involves to branch 100000 gold receive from branch 100000 10000 cash receive cash and for expensive 25000 actual branch stop?
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From the following figure for a year relating to the Delhi branch of a head office which invoice good to its branch at cost plus 100% prepare branch account branch stock account branch data account branch address mint account branch profit and loss account good involves to branch 100000 gold receive from branch 100000 10000 cash receive cash and for expensive 25000 actual branch stop? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about From the following figure for a year relating to the Delhi branch of a head office which invoice good to its branch at cost plus 100% prepare branch account branch stock account branch data account branch address mint account branch profit and loss account good involves to branch 100000 gold receive from branch 100000 10000 cash receive cash and for expensive 25000 actual branch stop? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for From the following figure for a year relating to the Delhi branch of a head office which invoice good to its branch at cost plus 100% prepare branch account branch stock account branch data account branch address mint account branch profit and loss account good involves to branch 100000 gold receive from branch 100000 10000 cash receive cash and for expensive 25000 actual branch stop?.
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