Advance Accounting - Branch Accounting PDF

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Introduction
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Need for Branch Accounting

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Types of Branches
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(1) Home Branches
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(2) Foreign Branches
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Types of Branches
Home Branches Foreign Branches
Dependent Branches Independent Branches
Dependent Branches
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Types of Dependent Branches
Service Branches Retail Selling Branches
Booking orders Goods transferred from

on behalf of the Head Office at cost
Head Office
Goods transferred from
Executing Head Office at loaded
orders from (Invoice) price
Head Office
Wholesale Price
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Service Branches
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Retail Selling Branches
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Accounting Arrangements of Retail Dependent Branches

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Debtors System
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Journal Entries
1. For opening balances of assets at the branch
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2. For opening balances of liabilities at the branch
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! Up!Csbodi!Bddpvou
3. For goods sent to branch
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! Up!Hppet!Tfou!up!Csbodi!Bddpvou
4. For return of goods by branch to head office
Hppet!Tfou!up!Csbodi!Bddpvou Es/
! Up!Csbodi!Bddpvou
5. For remittance of cash/cheque to branch for expenses (e.g., salaries, rent, petty expenses, etc.)
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! Up!Dbti0Cbol!Bddpvou
6. For cash/cheque received from branch (Cash sales plus collection from debtors)
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! Up!Csbodi!Bddpvou
7. For Ŭclosing balances of assetsŭ at the branch
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! Up!Csbodi!Bddpvou
8. For Ŭclosing balances of liabilitiesŭ at the branch
Csbodi!Bddpvou Es/
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9. For closing goods sent to branch account
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! Up!Usbejoh!Bddpvou ! ! \Nbovgbduvsfs^
10. For credit sales
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11. For normal loss
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12. For goods returned by customers
\Op!fousz^
13. For abnormal loss
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! ! ! Up!Csbodi!Bddpvou
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! ! Jotvsbodf!Dmbjn!Bddpvou Es/!!\Dmbjn^
! ! ! Up!Bcopsnbm!Mptt!Bddpvou ! ! \Upubm^
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14. Pilferage
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15. Branch expenses paid by the branch
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16. Bad debts, discount allowed to debtors
\Op!fousz^
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17. For transferring profit or loss of the branch

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! ! ! Up!Hfofsbm!Qspgju!boe!Mptt!Bddpvou
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! ! Hfofsbm!Qspgju!boe!Mptt!Bddpvou Es/
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In the books of the Head Office
Dr. ... Branch Account Cr.
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Gvsojuvsf Dbti!Tbmft
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Up!Cbol!B0d; )Sfuvsofe!cz!Csbodi*
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Some Typical Items

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(i) Credit sales and other related matters (such as, sales returns, bad debts, discount allowed, etc.)
Uif!Csbodi!Bddpvou!jt!efcjufe!xjui!uif!pqfojoh!cbmbodf!pg!efcupst!boe!dsfejufe!xjui!dbti!sfdfjwfe!gspn
efcupst!boe!dmptjoh!cbmbodf!pg!efcupst/!Dsfeju!tbmf-!tbmft!sfuvsot-!cbe!efcut-!ejtdpvou!bmmpxfe-!fud/-!bsf!sfmbufe
up! Efcupst! Bddpvou/! Gps! dbmdvmbujoh! dmptjoh! efcupst! cbmbodf! bmm! uiftf! jufnt! ibwf! bmsfbez! cffo! ublfo! joup
dpotjefsbujpo/!Uifsfgpsf-!uiftf!jufnt!bsf!up!cf!jhopsfe!gps!uif!qsfqbsbujpo!pg!Csbodi!Bddpvou/
(ii) Depreciation on Fixed Assets Uif!Csbodi!Bddpvou!jt!efcjufe!xjui!uif!pqfojoh!cbmbodf!pg!gjyfe!bttfut
boe!dsfejufe!xjui!uif!dmptjoh!cbmbodft!pg!gjyfe!bttfut!bgufs!efevdujoh!efqsfdjbujpo/!Efqsfdjbujpo!jt!bvupnbu.
jdbmmz!bddpvoufe!gps!boe!ju!tipvme!opu!cf!tipxo!jo!uif!Csbodi!Bddpvou!tfqbsbufmz/
(iii) Petty Cash Expenses paid by the Branch Uif!Csbodi!Bddpvou!jt!efcjufe!xjui!uif!pqfojoh!cbmbodf
pg!qfuuz!dbti!boe!uif!bnpvou!pg!qfuuz!dbti!tfou!cz!uif!ifbe!pggjdf!boe!jt!dsfejufe!xjui!uif!dmptjoh!qfuuz!dbti/
Gps!dbmdvmbujoh!dmptjoh!qfuuz!dbti-!bmm!fyqfotft!qbje!cz!uif!csbodi!bsf!ublfo!joup!dpotjefsbujpo/!Uifsfgpsf-!ju
tipvme!cf!jhopsfe!gps!qsfqbsbujpo!pg!Csbodi!Bddpvou/
(iv) Shortage or Surplus of Stock Uif! Csbodi! Bddpvou! jt! efcjufe! xjui! uif! pqfojoh! cbmbodf! pg! csbodi
tupdl! boe! dsfejufe! xjui! jut! dmptjoh! cbmbodf/! ! Bu! uif! ujnf! pg! dbmdvmbujoh! dmptjoh! cbmbodf! pg! csbodi! tupdl-
tipsubhf0tvsqmvt!jt!ublfo!joup!dpotjefsbujpo/!Uifsfgpsf-!ju!tipvme!cf!jhopsfe!gps!qsfqbsbujpo!pg!Csbodi!Bddpvou/
(v) Profit/Loss on Sale of a Fixed Asset Jg!bo!bttfu!jt!tpme!gps!dbti-!uif!Csbodi!Bddpvou!jt!dsfejufe!xjui
uif!sfnjuubodft/!Jg!ju!jt!tpme!po!dsfeju-!uif!Csbodi!Bddpvou!xjmm!cf!dsfejufe!xjui!uif!Efcups!gps!tbmf!pg!bttfu/
Uif!qspgju0mptt!po!tbmf!pg!bttfu!jt!bmsfbez!jodmvefe!jo!uif!sfnjuubodf0efcupst!gjhvsf/!Uifsfgpsf-!bu!uif!ujnf!pg
qsfqbsjoh!Csbodi!Bddpvou-!qspgju0mptt!po!tbmf!pg!bttfu!tipvme!opu!cf!tipxo!tfqbsbufmz/
(vi) Purchases by Branch Uif!Csbodi!Bddpvou!jt!efcjufe!xjui!uif!bnpvou!pg!sfnjuubodf!gspn!ifbe!pggjdf/
Uifsfgpsf-!boz!ejsfdu!qvsdibtf!cz!csbodi!tipvme!opu!cf!tipxo!tfqbsbufmz!jo!uif!Csbodi!Bddpvou/
Illustration 1
Gspn!uif!gpmmpxjoh!jogpsnbujpo!sfmbujoh!up!uif!Dbmdvuub!Csbodi!gps!uif!zfbs!foejoh!42tu!Nbsdi-!3129-!qsfqbsf!uif!Csbodi
Bddpvou!jo!uif!cpplt!pg!ifbe!pggjdf/!
Pqfojoh!cbmbodft!po!2/5/3128!; !! Difrvf!tfou!up!Csbodi; !!
Tupdl!bu!Csbodi 48-611 Tbmbsjft 33-611
Efcupst!bu!Csbodi 86-111 Sfou!'!Ubyft 4-861
Qfuuz!dbti!bu!Csbodi 861 Qfuuz!Dbti 3-861
Hppet!Tfou!up!Csbodi 7-41-111 Dmptjoh!cbmbodft!po!42/4/3129;
Dbti!tbmft 2-61-111 Tupdl!bu!Csbodi 73-611
Dbti!sfdfjwfe!gspn!Efcupst 6-36-111 Efcupst!bu!Csbodi 2-31-111
Hppet!sfuvsofe!cz!Csbodi 6-111 Qfuuz!Dbti!bu!Csbodi 611
Dsfeju!tbmft 6-81-111
Solution In the books of Head Office

Dr. Calcutta Branch Account Cr.
3128!Bqs/!2 Up!Cbmbodf!c0e; 3129!Nbs/!42 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvsot* 6-111
Tupdl 48-611 Cz!Cbol!B0d;
Efcupst 86-111 Dbti!tbmft 2-61-111
Qfuuz!Dbti 861 Dbti!sfdfjwfe!gspn!Efcupst 6-36-111
3129!Nbs/!42 Up!Hppet!Tfou!up!Csbodi!B0d; 7-41-111 Cz!Cbmbodf!d0e;
Up!Cbol!B0d; Tupdl 73-611
Tbmbsjft 33-611 Efcupst 2-31-111
Sfou!'!Ubyft 4-861 Qfuuz!Dbti 611
Qfuuz!Dbti 3-861
Up!Hfofsbm!qspgju!'!Mptt!B0d :1-861
9-74-111 9-74-111
Uvupsjbm!Opuf;!Voefs!uijt!nfuipe-!dsfeju!tbmft!boe!qfuuz!fyqfotft!bsf!up!cf!jhopsfe/
Uif!tuvefout!tipvme!opuf!uibu!uif!Csbodi!Bddpvou!jt!b!Opnjobm!Bddpvou!jo!obuvsf!boe!jt!qfdvmjbs!jo
uif!tfotf!uibu!qspgju!jt!btdfsubjofe!ifsf!cz!bqqmzjoh!uif!Cbmbodf!Tiffu!bqqspbdi!pg!jodpnf!efufsnjobujpo/
Xf!lopx!uibu!uif!ejggfsfodf!cfuxffo!bttfut!boe!mjbcjmjujft!sfqsftfout!dbqjubm!boe!dbo!cf!btdfsubjofe
fjuifs!cz!efevdujoh!mjbcjmjujft!gspn!bttfut!ps!cz!tipxjoh!uif!bttfut!boe!mjbcjmjujft!po!uif!uxp!tjeft!pg!uif
tbnf!bddpvou/
Sfdpsejoh!pqfojoh!boe!dmptjoh!bttfut!boe!mjbcjmjujft!jo!uif!uxp!tjeft!pg!uif!Csbodi!Bddpvou!sfqsftfout
pqfojoh!boe!dmptjoh!dbqjubm!pg!uif!ifbe!pggjdf!jo!uif!csbodi/
Opx-!jg!xf!dpotjefs!hppet!tfou!up!uif!csbodi!boe!puifs!bnpvout!sfnjuufe!bt!gvsuifs!dbqjubm!jouspevdfe
joup!uif!csbodi-!boe!mjlfxjtf-!sfuvso!pg!hppet-!boe!sfdfjqut!gspn!efcupst!ps!dbti!tbmft!bt!dbqjubm!xjuiesbxo
gspn!uif!csbodi-!ju!sftfncmft!efufsnjobujpo!pg!qspgju!cz!uif!ofuxpsui!nfuipe!voefs!tjohmf!fousz!tztufn/
Uif!Csbodi!Bddpvou!fyijcjut!uif!qspgju!ps!mptt!gps!bo!bddpvoujoh!qfsjpe!bt!xfmm!bt!uif!ofu!bttfut!mzjoh
xjui!uif!csbodi/
Illustration 2
Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf!Csbodi!Bddpvou!jo!uif!cpplt!pg!uif!ifbe!pggjdf!bttvnjoh!uibu!uif!tbmft!bu!csbodi
bsf!po!dbti!cbtjt/!)bmm!gjhvsft!bsf!jo!*!
Pqfojoh!tupdl!bu!uif!csbodi 41-111 Fyqfotft!nfu!cz!ifbe!pggjdf;
Hppet!tfou!up!csbodi :1-111 Tbmbsjft 21-111
Dbti!tbmft 2-31-111 Puifs!fyqfotft 5-111
Dmptjoh!tupdl!dpvme!opu!cf!btdfsubjofe-!cvu!ju!jt!lopxo!uibu!uif!csbodi!vtvbmmz!tfmmt!bu!dptu!qmvt!31&/!Uif!csbodi!nbobhfs
jt!foujumfe!up!b!dpnnjttjpo!pg!6&!po!uif!qspgju!pg!uif!csbodi!cfgpsf!dibshjoh!tvdi!dpnnjttjpo/
Solution In the books of the Head Office

Dr. Branch Account Cr.
Up!Cbmbodf!c0e; Cz!Cbol!B0d;
Tupdl 41-111 Dbti!tbmft 2-31-111
Up!Hppet!Tfou!up!Csbodi!B0d :1-111 Cz!Cbmbodf!d0e;
Up!Cbol!B0d; Tupdl!)Opuf!2* 31-111
Tbmbsjft 21-111
Puifs!fyqfotft 5-111
Up!Cbmbodf!d0e;
NbobhfsÔt!dpnnjttjpo!)Opuf!3* 411
Up!Hfofsbm!Qspgju!'!Mptt!B0d 6-811
2-51-111 2-51-111
(1) Calculation of Closing Stock

Pqfojoh!tupdl 41-111
Hppet!tfou!up!csbodi!)bu!dptu* :1-111
2-31-111
Mftt;!Dptu!pg!hppet!tpme!)!2-31-111!y!2110231* 2-11-111
31-111
)3*!Qspgju!cfgpsf!dpnnjttjpo!jt!!)2-31-111!,!31-111*!Ï!!)41-111!,!:1-111!,!21-111!,!5-111*!>!!7-111/!NbobhfsÔt!dpnnjttjpo!jt
qbzbcmf!A!6&/!Tp!dpnnjttjpo!jt!!7-111!x!60211!>!!411/!NbobhfsÔt!dpnnjttjpo!jt!tujmm!qbzbcmf-!boe-!uifsfgpsf-!jt!b!mjbcjmjuz!gps
uif!cvtjoftt!bu!uif!foe!pg!uif!bddpvoujoh!qfsjpe/
Illustration 3
Y!pg!Dbmdvuub!ibt!b!csbodi!bu!Cpncbz/!Hppet!bsf!tvqqmjfe!up!uif!csbodi!bu!dptu/!Uif!fyqfotft!pg!uif!csbodi!bsf!qbje!gspn
Dbmdvuub!boe!uif!csbodi!lffqt!b!tbmft!kpvsobm!boe!uif!efcupst!mfehfs!pomz/!Gspn!uif!gpmmpxjoh!jogpsnbujpo!tvqqmjfe!cz!uif
csbodi-!qsfqbsf!b!Csbodi!Bddpvou!jo!uif!cpplt!pg!uif!ifbe!pggjdf/!)bmm!gjhvsft!jo!*
Pqfojoh!tupdl!)2/5/3128* 35-111 Tvoesz!Efcupst!po!42/4/3129 :-271
Dmptjoh!tupdl!)42/4/3129* 29-111 Hppet!sfdfjwfe!gspn!I/P/ 44-711
Dsfeju!tbmft 52-111 Fyqfotft!qbje!cz!I/P/!gps!uif!Csbodi 21-511
Dbti!tbmft 28-611 Qjmgfsbhf!pg!hppet!cz!uif!fnqmpzfft 3-111
Sfdfjqu!gspn!Efcupst 48-:11
Solution In the books of the Head Office (Calcutta)

Dr. Bombay Branch Account Cr.
3128!Bqs/!2 Up!Cbmbodf!c0e; 3129!Nbs/!42 Cz!Cbol!B0d;
Tupdl 35-111 Dbti!tbmft 28-611
Efcupst!)Opuf!2* 7-171 Sfdfjwfe!gspn!Efcupst 48-:11
3129!Nbs/!42 Up!Cbol!B0d;!)fyqfotft* 21-511 Cz!Cbmbodf!d0e;
Up!Hppet!Tfou!up!Csbodi!B0d 44-711 Tupdl 29-111
Up!Hfofsbm!Qspgju!'!Mptt!B0d 9-611 Efcupst :-271
93-671 93-671
Uvupsjbm!Opuf!;!)2*!Jo!uijt!qspcmfn-!uif!pqfojoh!cbmbodf!pg!efcupst!ibt!opu!cffo!hjwfo/!Nfnpsboevn!Csbodi!Efcupst!Bddpvou!jt
qsfqbsfe!cfmpx!gps!gjoejoh!pvu!uif!pqfojoh!cbmbodf!pg!efcupst/
Dr. Memorandum Branch Debtors Account Cr.
! ! ! ! ! ! ! ! ! ! Qbsujdvmbst Qbsujdvmbst
Up!Cbmbodf!c0e!)cbmbodjoh!gjhvsf* 7-171 Cz!Dbti 48-:11
Up!Tbmft!)dsfeju* 52-111 Cz!Cbmbodf!d0e :-271
58-171 58-171
)3*!Qjmgfsbhf!pg!hppet!cz!uif!fnqmpzfft!jt!wfsz!dpnnpo!up!bmm!cvtjofttft/!Tp-!ju!tipvme!cf!usfbufe!bt!b!opsnbm!fwfou/!Jo!uif!Csbodi
Bddpvou-!qjmgfsbhf!jt!up!cf!jhopsfe/
Illustration 4
Gspn!uif!gpmmpxjoh!efubjmt!sfhbsejoh!Xftu!Dpbtu!Csbodi!pg!Cpncbz!Usbejoh!Dp/-!qsfqbsf!b!Csbodi!Bddpvou!jo!sftqfdu!pg
uif!zfbs!3128;!)bmm!gjhvsft!jo!*
Tupdl!po!2/2/3128 23-111 Sfuvsot!up!ifbe!pggjdf 5-911
Tupdl!po!42/23/3128 :-711 Cbe!efcut 711
Efcupst!po!2/2/3128 21-111 Ejtdpvout!bmmpxfe 421
Efcupst!po!42/23/3128 22-611 Sfuvsot!gspn!dvtupnfst 4-111
Hppet!tfou!up!csbodi!evsjoh!3128 53-111 Fyqfotft!qbje!cz!ifbe!pggjdf;
Dbti!tbmft 36-911 Tbmbsjft!boe!xbhft 9-511
Dsfeju!tbmft 47-111 Sfou!)gspn!2/2/3128!up!42/4/3129* 6-361
Opsnbm!mptt 3-111 Tvoesz!fyqfotft 4-711
Solution In the books of Bombay Trading Co.
Dr. West Coast Branch Account Cr.
3128!Kbo/2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvsot* 5-911
Tupdl 23-111 Cz!Cbol!B0d;
Efcupst 21-111 Dbti!tbmft 36-911
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 53-111 Dpmmfdujpo!gspn!efcupst!)Opuf!3* 41-6:1
Up!Cbol!B0d; Cz!Cbmbodf!d0e;
Tbmbsjft!'!xbhft 9-511 Tupdl :-711
Sfou 6-361 Efcupst 22-611
Tvoesz!fyqfotft 4-711 Qsfqbje!Sfou!)Opuf!4* 2-161
Up!Hfofsbm!Qspgju!'!Mptt!B0d 3-1:1
94-451 94-451
Uvupsjbm!Opuft;
)2*!Voefs!uijt!nfuipe-!opsnbm!mptt-!dsfeju!tbmft-!tbmft!sfuvsot-!cbe!efcut-!ejtdpvou!bmmpxfe!up!efcupst-!fud/-!bsf!up!cf!jhopsfe/
)3*!Uif!bnpvou!pg!dbti!sfdfjwfe!gspn!efcupst!jt!opu!hjwfo/!Ju!ibt!cffo!gpvoe!pvu!cz!qsfqbsjoh!Nfnpsboevn!Efcupst!Bddpvou!bt!gpmmpxt;
Dr. Memorandum Branch Debtors Account Cr.
Up!Cbmbodf!c0e 21-111 Cz!Cbe!Efcut 711
Up!Tbmft!)dsfeju* 47-111 Cz!Ejtdpvou!bmmpxfe 421
Cz!Sfuvsot!joxbse 4-111
Cz!Cbol!)Cbmbodjoh!gjhvsf* 41-6:1
Cz!Cbmbodf!d0e 22-611
57-111 57-111
)4*!Qsf.qbje!Sfou!>!!6-361026!x!4!>!!2-161/
Npefso!Bddpvoubodz!.!JJ!!!3/:
Illustration 5
Uif!ifbe!pggjdf!pg!b!dpnqboz!jowpjdft!hppet!up!jut!Tijmmpoh!Csbodi!bu!dptu-!xip!bmtp!qvsdibtft!hppet!joefqfoefoumz!gspn
mpdbm!qbsujft!gps!xijdi!qbznfout!bsf!nbef!cz!uif!ifbe!pggjdf/!Bmm!uif!dbti!dpmmfdufe!cz!uif!Csbodi!jt!cbolfe!po!uif!tbnf
ebz!up!uif!dsfeju!pg!uif!ifbe!pggjdf!boe!bmm!fyqfotft!bsf!ejsfdumz!qbje!cz!uif!ifbe!pggjdf!fydfqu!gps!b!Qfuuz!Dbti!Bddpvou
nbjoubjofe!cz!uif!csbodi!gps!xijdi!qfsjpejdbm!usbotgfst!bsf!nbef!gspn!uif!ifbe!pggjdf/
Gspn!uif!gpmmpxjoh!qbsujdvmbst-!tipx!uif!Csbodi!Bddpvou!bt!nbjoubjofe!jo!uif!ifbe!pggjdf!cpplt-!sfgmfdujoh!uif!csbodi
qspgju!gps!uif!zfbs!foejoh!42/23/3128!;
Jnqsftu!Dbti!;!2/2/3128 3-111 Sfuvsot!gspn!Dvtupnfst 4-111
Jnqsftu!Dbti!;!42/23/3128 2-961 Hppet!tfou!up!Csbodi!gspn!I/P/; 61-111
Tvoesz!Efcupst!po!2/2/3128 36-111 Usbotgfs!gspn!I/P/!gps!qfuuz!dbti!fyqfotft 3-611
Tupdl!po!2/2/3128 Cbe!efcut 2-111
Usbotgfssfe!gspn!I/P/ 31-111 Ejtdpvou!up!dvtupnfst 3-111
Ejsfdumz!qvsdibtfe!cz!Csbodi 27-111 Dbti!sfdfjwfe!gspn!dvtupnfst 2-36-111
Tipsubhf!pg!tupdl 5-111 Csbodi!Fyqfotft 41-111
Dbti!Tbmft 56-111 Tupdl!po!42/23/3128;
Dsfeju!Tbmft 2-41-111 Usbotgfssfe!gspn!I/P/ 26-111
Ejsfdu!Qvsdibtft 56-111 Ejsfdumz!qvsdibtfe!cz!Csbodi 23-111
Dr. Shillong Branch Account Cr.
3128!Kbo/2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Cbol!B0d;
Jnqsftu!dbti 3-111 Dbti!tbmft 56-111
Tvoesz!efcupst 36-111 Dbti!sfdfjwfe!gspn!dvtupnfst 2-36-111
Tupdl!!)31-111!,!27-111* 47-111 Cz!Cbmbodf!d0e;
Efd/!42 Up!Cbol!B0d; Jnqsftu!dbti 2-961
Qvsdibtft!)ejsfdu* 56-111 Tvoesz!efcupst!)Opuf!2* 35-111
Csbodi!fyqfotft 41-111 Tupdl!!)26-111!,!23-111* 38-111
Qfuuz!dbti 3-611
Up!Hppet!Tfou!up!Csbodi!B0d 61-111
3-33-961 3-33-961
Uvupsjbm!Opuf;!Voefs!uijt!nfuipe-!tipsubhf!pg!tupdl-!dsfeju!tbmft!boe!sfuvsot!cz!dvtupnfst!bsf!up!cf!jhopsfe/
Working Note :
Dr. (1) Memorandum Branch Debtors Account Cr.
Up!Cbmbodf!c0e 36-111 Cz!Cbol 2-36-111
Up!Tbmft 2-41-111 Cz!Cbe!efcut 2-111
Cz!Ejtdpvou!up!dvtupnfst 3-111
Cz!Sfuvsot 4-111
2-66-111 2-66-111
Illustration 6
YZ[!Dpnqboz!jt!ibwjoh!jut!csbodi!bu!Lpmlbub/!Hppet!bsf!jowpjdfe!up!uif!csbodi!bu!31&!qspgju!po!tbmf/!Csbodi!ibt!cffo
jotusvdufe!up!tfoe!bmm!dbti!ebjmz!up!ifbe!pggjdf/!Bmm!fyqfotft!bsf!qbje!cz!ifbe!pggjdf!fydfqu!qfuuz!fyqfotft!xijdi!bsf!nfu
cz!uif!Csbodi!Nbobhfs/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf!Csbodi!Bddpvou!jo!uif!cpplt!pg!Ifbe!Pggjdf/
Qbsujdvmbst Qbsujdvmbst
Tupdl!po!2tu!Bqsjm-!3128!)Jowpjdf!Qsjdf* 41-111 Ejtdpvou!Bmmpxfe!up!Efcupst 271
Tvoesz!Efcupst!po!2tu!Bqsjm-!3128 29-111 Fyqfotft!Qbje!cz!Ifbe!Pggjdf!;
Dbti!jo!Iboe!bt!po!2tu!Bqsjm-!3128 911 ! ! Sfou 2-911
Pggjdf!Gvsojuvsf!po!2tu!Bqsjm-!3128 4-111 ! ! Tbmbsz 4-311
Hppet!Jowpjdfe!gspn!uif!Ifbe!Pggjdf!)Jowpjdf!Qsjdf* 2-71-111 ! ! Tubujpofsz!boe!Qsjoujoh 911
Hppet!Sfuvso!up!Ifbe!Pggjdf 3-111 Qfuuz!Fyqfotft!Qbje!cz!uif!Csbodi 711
Hppet!Sfuvso!cz!Efcupst :71 Efqsfdjbujpo!up!cf!Qspwjefe!po!Csbodi!Gvsojuvsf!
Dbti!Sfdfjwfe!gspn!Efcupst 71-111 bu!21&!q/b/
Dbti!Tbmft 2-11-111 Tupdl!po!42tu!Nbsdi-!3129!)bu!Jowpjdf!Qsjdf* 39-111
Dsfeju!Tbmft 71-111
Solution In the books of XYZ Company (H.O.)

Dr. Kolkata Branch Account Cr.
3128 3129
Bqsjm!2 Up!Cbmbodf!c0e!; Nbsdi!42 Cz!Tupdl!Sftfswf!B0d!)Opuf!2* 7-111
Tupdl 41-111 Cz!Cbol!B0d!)Sfnjuubodft* 2-71-111
Tvoesz!Efcupst 29-111 Cz!Hppet!Tfou!up!Csbodi!B0d
Dbti!jo!Iboe 911 ! ! )Sfuvsofe!up!I/P/* 3-111
Pggjdf!Gvsojuvsf 4-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 42-711
3129 Cz!Cbmbodf!d0e!;
Nbsdi!42 Up!Hppet!Tfou!up!Csbodi!B0d 2-71-111 Tupdl 39-111
Up!Cbol!B0d!; Tvoesz!Efcupst!)Opuf!5* 27-991
Sfou 2-911 Dbti!)Opuf!5*!)!911!Ï!711* 311
Tbmbsz 4-311 Gvsojuvsf!)!4-111!Ï!411* 3-811
Tubujpofsz!'!Qsjoujoh 911
Up!Tupdl!Sftfswf!B0d!)Opuf!4* 6-711
Up!Hfofsbm!Qspgju!boe!Mptt!B0d 35-291
3-58-491 3-58-491
Xpsljoh!Opuft!;
)2*!Mpbejoh!po!pqfojoh!tupdl!>!31&!pg!!41-111!>!!7-111/
)3*!Mpbejoh!po!hppet!tfou!>!31&!)!2-71-111!Ï!3-111*!>!!42-711/
)4*!Mpbejoh!po!dmptjoh!tupdl!>!31&!pg!!39-111!>!!6-711/
Dr. (4) Memorandum Debtors Account Cr.
2/5/3128 Up!Cbmbodf!c0e 29-111 42/4/3129 Cz!Ejtdpvou!Bmmpxfe!B0d 271
42/4/3129 Up!Tbmft!B0d 71-111 Cz!Tbmft!Sfuvso!B0d :71
Cz!Cbol!B0d 71-111
Cz!Cbmbodf!d0e!)Cbmbodjoh!gjhvsf* 27-991
89-111 89-111
Illustration 7
Gspn!uif!gpmmpxjoh!qbsujdvmbst!sfmbujoh!up!Qbujbmb!Csbodi!gps!uif!zfbs!foejoh!42/23/3128-!qsfqbsf!Csbodi!Bddpvou!jo!uif
cpplt!pg!ifbe!pggjdf!boe!tipx!ipx!uif!sfmfwbou!jufnt!xjmm!bqqfbs!jo!uif!ifbe!pggjdf!Cbmbodf!Tiffu!bt!po!uibu!ebuf/
Cbmbodft!po!2/2/3128; ! ! Dbti!qbje!cz!efcupst!ejsfdu!up!ifbe!pggjdf 33-111
Tupdl 51-111 Ejtdpvou!bmmpxfe 2-211
Efcupst 25-111 Dbti!tfou!up!csbodi!gps!fyqfotft;
Qfuuz!dbti 2-611 Sfou!;!!23-111<!Tbmbsjft!;!!6-511<!Qfuuz!dbti!;!!5-111
Gvsojuvsf 23-111 Jotvsbodf!)gspn!2/5/3128!up!42/4/3129* 2-711
Qsfqbje!gjsf!jotvsbodf 2-261 Hppet!sfuvsofe!cz!uif!csbodi 5-111
Pvutuboejoh!tbmbsjft 3-211 Hppet!sfuvsofe!cz!uif!efcupst 8-111
Hppet!tfou!up!csbodi 3-91-111 Tupdl!po!42/23/3128 49-111
Dbti!tbmft 4-41-111 Qfuuz!fyqfotft!qbje!cz!uif!csbodi 3-961
Dsfeju!tbmft 2-94-111 Qspwjef!efqsfdjbujpo!po!gvsojuvsf!A!21&!q/b/
Dbti!sfdfjwfe!gspn!efcupst 2-46-111 Mptt!pg!tupdl!cz!gjsf 5-911
Dr. Patiala Branch Account Cr.
3128!Kbo/2 Up!Cbmbodf!c0e; 3128!Kbo/!2 Cz!Cbmbodf!c0e;
Tupdl 51-111 Pvutuboejoh!tbmbsjft 3-211
Efcupst 25-111 Efd/!42 Cz!Cbol!B0d;
Qfuuz!dbti 2-611 Dbti!tbmft 4-41-111
Gvsojuvsf 23-111 Dpmmfdujpo!gspn!Efcupst 2-46-111
Qsfqbje!gjsf!jotvsbodf 2-261 Ejsfdu!qbznfou!up!I/P/ 33-111
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 3-91-111 Cz!Hppet!tfou!up!Csbodi!)Sfuvsot* 5-111
Up!Cbol!B0d; Cz!Mptt!pg!tupdl!cz!gjsf!)Opuf!6* 5-911
Sfou 23-111 Cz!Cbmbodf!d0e;
Tbmbsjft 6-511 Tupdl 49-111
Qfuuz!dbti 5-111 Efcupst!)Opuf!2* 42-:11

Jotvsbodf 2-711 Gvsojuvsf!)Opuf!4* 21-911
Up!Hfofsbm!Qspgju!'!Mptt!B0d 3-21-111 Qfuuz!dbti!)Opuf!3* 3-761
Qsfqbje!gjsf!jotvsbodf!)Opuf!5* 511
6-92-761 6-92-761
Balance Sheet of Head Office [Extract]

As at 31st December, 2017
! ! ! ! ! ! ! ! ! ! Mjbcjmjujft Bttfut
Csbodi!Qspgju 3-21-111 Csbodi!Gvsojuvsf 21-911
Csbodi!Tupdl 49-111
Csbodi!Efcupst 42-:11
Csbodi!Qfuuz!Dbti 3-761
Csbodi!Qsfqbje!Gjsf!Jotvsbodf 511
Working Notes :
Up!Cbmbodf!c0e 25-111 Cz!Cbol!!)2-46-111!,!33-111* 2-68-111
Up!Tbmft 2-94-111 Cz!Ejtdpvou!bmmpxfe 2-211
Cz!Sfuvsot 8-111
Cz!Cbmbodf!d0e 42-:11
2-:8-111 2-:8-111
Dr. (2) Branch Petty Cash Account Cr.
Up!Cbmbodf!c0e 2-611 Cz!Qfuuz!fyqfotft 3-961
Up!Cbol 5-111 Cz!Cbmbodf!d0e 3-761
6-611 6-611
)4*!Wbmvf!pg!gvsojuvsf!bgufs!efqsfdjbujpo!xjmm!cf!>! !23-111!Ï!!2-311!>!!21-911/
)5*!Qsfqbje!jotvsbodf!>!!2-711023!x 4!>!!511/
)6*!Uif!Csbodi!Bddpvou!jt!qsfqbsfe!up!lopx!uif!dpssfdu!qspgju!pg!uif!csbodi!xjuipvu!cfjoh!bggfdufe!cz!boz!bcopsnbm!mptt/!Ifsf-!hppet
mptu!cz!gjsf!jt!bo!bcopsnbm!fwfou/!Uifsfgpsf-!bcopsnbm!jt!up!cf!efcjufe!up!Hfofsbm!Qspgju!boe!Mptt!Bddpvou!boe!dsfejufe!up!Csbodi
Bddpvou/
Illustration 8
B!dpnqboz!xjui!jut!ifbe!pggjdf!bu!Cpncbz!ibt!b!csbodi!bu!Dbmdvuub/!Uif!csbodi!sfdfjwft!bmm!hppet!gspn!ifbe!pggjdf-!xip
bmtp!sfnjut!dbti!gps!bmm!fyqfotft/!Tbmft!bsf!nbef!cz!uif!csbodi!po!dsfeju!bt!xfmm!bt!gps!dbti/
Upubm!tbmft!cz!uif!csbodi!gps!uif!zfbs!foejoh!42/4/3129!bnpvoufe!up!!6-71-111!pvu!pg!xijdi!31&!jt!dbti!tbmft/!Uif
gpmmpxjoh!gvsuifs!jogpsnbujpo!jt!sfmfwbou;
2/5/3128;!Tupdl!Ð!!36-111<!Efcupst!Ð!!71-111<!Dbti!Ð!!231
42/4/3129;!Tupdl!Ð!!47-111<!Efcupst!Ð!!59-111<!Dbti!Ð!!291/
Fyqfotft!jodvssfe!cz!uif!csbodi;!Tbmbsjft!Ð!!47-111<!Sfou!Ð!!23-111<!Qfuuz!fyqfotft!Ð!!6-711/
Bmm!tbmft!bsf!nbef!cz!uif!csbodi!bu!dptu!qmvt!36&/
Zpv!bsf!sfrvjsfe!up!qsfqbsf!uif!Dbmdvuub!Csbodi!Bddpvou!jo!uif!cpplt!pg!uif!ifbe!pggjdf!gps!uif!zfbs!foefe!42tu!Nbsdi-!3129/
Solution In the books of the Head Office (Bombay)
3128!Bqs/!2 Up!Cbmbodf!c0e; 3129!Nbs/!42 Cz!Cbol!B0d!)sfnjuubodft!sfdfjwfe*;
Tupdl 36-111 Dbti!tbmft!)Opuf!2* 2-23-111
Efcupst 71-111 Dpmmfdujpo!gspn!efcupst!)Opuf!4* 5-71-111
Qfuuz!dbti 231 Cz!Cbmbodf!d0e;
3129!Nbs/!42 Up!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 5-6:-111 Tupdl 47-111
Up!Cbol!B0d!)sfnjuubodft!gps!fyqfotft*; Efcupst 59-111
Tbmbsjft 47-111 Qfuuz!dbti 291
Sfou 23-111
Qfuuz!fyqfotft!)Opuf!5* 6-771
7-67-291 7-67-291
Working Notes:
)2*!Dbti!boe!Dsfeju!tbmft )3*!Hppet!tfou!up!Csbodi
Upubm!tbmft 6-71-111 Upubm!tbmft 6-71-111
Mftt;!Dbti!tbmft!)31&!pg!!6-71-111* 2-23-111 Mftt;!Qspgju!)360236!y!!6-71-111* 2-23-111
Dsfeju!tbmft 5-59-111 Dptu!pg!tbmft 5-59-111
Bee;!Dmptjoh!tupdl 47-111
5-95-111
Mftt;!Pqfojoh!tupdl 36-111
Hppet!tfou!up!Csbodi 5-6:-111

Up!Cbmbodf!c0e 71-111 Cz!Cbol!B0d!)Cbmbodjoh!gjhvsf* 5-71-111
Up!Dsfeju!Tbmft!)Opuf!2* 5-59-111 Cz!Cbmbodf!d0e 59-111
6-19-111 6-19-111

Up!Cbmbodf!c0e 231 Cz!Qfuuz!fyqfotft 6-711
Up!Cbol!B0d!)sfnjuubodft!gps!qfuuz!fyq/!.!cbmbodjoh!gjh/* 6-771 Cz!Cbmbodf!d0e 291
6-891 6-891
Illustration 9
Tpobmj!Dibjo!Tupsft!pg!Dbmdvuub!ibt!b!csbodi!jo!Cvsexbo/!Hppet!bsf!tfou!up!csbodi!bu!dptu/!Csbodi!tfmmt!pomz!hppet!sfdfjwfe
gspn! ifbe! pggjdf/! Csbodi! tbmft! bsf! qbsumz! dbti! boe! qbsumz! dsfeju/! Bmm! dbti! dpmmfdufe! cz! csbodi! bsf! tfou! up! ifbe! pggjdf
jnnfejbufmz!boe!csbodi!fyqfotft!bsf!qbje!cz!ifbe!pggjdf/!Gpmmpxjoh!bsf!uif!efubjmt!pg!usbotbdujpot!sfmbujoh!up!csbodi!gps
uif!zfbs!foefe!po!42tu!Efdfncfs-!3128!)bmm!gjhvsft!jo!*!;
Tupdl!bu!csbodi!po!2/2/3128 7-911 Sfuvsot!cz!csbodi!dvtupnfst 611
Efcupst!bu!csbodi!po!2/2/3128 8-111 Dbti!sfdfjwfe!po!Mfehfs!Bddpvou 44-111
Hppet!jo!usbotju!po!2/2/3128 5-911 Csbodi!tbmbsz!boe!xbhft!qbje!cz!I/P/ 7-811
Hppet!tfou!up!csbodi!evsjoh!uif!zfbs 89-711 Csbodi!tvoesz!fyqfotft!qbje!cz!I/P/ 911
Hppet!sfdfjwfe!cz!csbodi!evsjoh!uif!zfbs 85-911 Csbodi!pvutuboejoh!tbmbsz 2-311
Hppet!sfuvsofe!cz!csbodi 3-111 Csbodi!qsfqbje!xbhft 611
Sfuvsofe!hppet!sfdfjwfe!cz!I/P/!evsjoh!uif!zfbs 2-711 Cbe!efcut!xsjuufo.pgg 311
Dbti!tbmft!bu!csbodi!evsjoh!uif!zfbs 65-111 Xbtubhf!pg!tupdl!bu!csbodi 511
Dsfeju!tbmft!bu!csbodi!evsjoh!uif!zfbs 46-611
Puifs!qbsujdvmbst!bsf!hjwfo!cfmpx;
)b* Hppet.jo.usbotju! ! 5-911! jodmvefe! hppet! dptujoh!!4-311!tfou!cz!I/P/!up!csbodi!boe!hppet!dptujoh!!2-711
sfuvsofe!cz!csbodi!up!I/P/!jo!qsfwjpvt!zfbs/
)c* Evsjoh!uijt!zfbs!dbti!!6-111!tfou!cz!csbodi!up!I/P/!po!38/23/3128!xijdi!jt!sfdfjwfe!cz!I/P/!po!4/2/3129/
)d* Csbodi!nbjoubjot!b!tufbez!hsptt!qspgju!A!31&!po!tbmft/
Tipx!Csbodi!Bddpvou!jo!uif!cpplt!pg!ifbe!pggjdf!up!sfdpse!uif!bcpwf!usbotbdujpot/
Solution In the books of Sonali Chain Stores
Dr. Burdwan Branch Account Cr.
3128!Kbo/!2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Cbol!B0d!)Opuf!2*
Tupdl!bu!csbodi 7-911 Bnpvou!sfdfjwfe!gspn!csbodi 93-111
Hppet.jo.usbotju!up!csbodi 4-311 Cz!Hppet!Tfou!up!Csbodi!B0d 2-711
Hppet.jo.usbotju!gspn!csbodi 2-711 )Hppet!sfuvsofe!cz!csbodi*
Efcupst 8-111 Cz!Cbmbodf!d0e;
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 89-711 Tupdl!bu!csbodi!)Opuf!3* 9-111
Up!Cbol!B0d; Hppet.jo.usbotju!up!csbodi!)Opuf!4* 8-111
Csbodi!Tbmbsjft!'!Xbhft 7-811 Hppet.jo.usbotju!gspn!cs/!)Opuf!5* 3-111
Tvoesz!fyqfotft 911 Efcupst!)Opuf!6* 9-911
Up!Cbmbodf!d0e!)Pvutuboejoh!tbmbsjft* 2-311 Qsfqbje!xbhft 611
Up!Hfofsbm!Qspgju!'!Mptt!B0d :-111 Dbti!jo!usbotju!)hjwfo* 6-111
2-25-:11 2-25-:11
Uvupsjbm!Opuf;!)2*!Qspgju!gspn!csbodi!dbo!cf!wfsjgjfe!xjui!uif!ifmq!pg!uif!gpmmpxjoh!tubufnfou;
Dr. Supplementary Verification Statement of Profit for Branch Cr.
Up!Tvoesz!fyqfotft 911 Cz!Hsptt!Qspgju
Up!Tbmbsjft!'!Xbhft!! ! ! ! ! ! ! ! ! ! ! 7-811 ! ! )Cfjoh!31&!po!ofu!tbmft!pg!)!65-111!,!46-611!Ï!611* 28-911
! ! Bee;!Pvutuboejoh!! ! ! ! ! ! ! ! ! ! ! 2-311 ! ! ! ! >!31&!pg!!9:-111
! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !8-:11
! ! Mftt;!Qsfqbje!! ! ! ! ! ! ! ! ! ! ! ! ! !611 8-511
Up!Cbe!efcut 311
Up!Xbtubhf!pg!hppet 511
Up!Qspgju!)Cbmbodjoh!gjhvsf* :-111
28-911 28-911
)3*!Uif!xbtubhf!pg!tupdl!ibt!cffo!usfbufe!tfqbsbufmz!boe!ju!ibt!cffo!usbotgfssfe!up!Qspgju!boe!Mptt!Bddpvou/!Jg!uif!xbtubhf!jt!usfbufe
bt!opsnbm-!uifo!hsptt!qspgju!xjmm!hp!epxo!up!!28-911!Ï!!511!>!!28-511/!Uijt!xjmm!ejtuspu!uif!Óopsnt!pg!tufbez!Hsptt!Qspgju!pg!31&
po!tbmftÔ/!Ifodf-!ju!ibt!opu!cffo!usfbufe!bt!opsnbm!xbtubhf/
Xpsljoh!Opuft;!!)2*!!Bnpvou!!sfnjuufe!!cz!!csbodi!!>!!!65-111!!)dbti!!tbmft*!!,!!!44-111!)dpmmfdujpo!gspn!efcupst*!>!!98-111!mftt
!6-111!)dbti!jo!usbotju!gspn!csbodi!po!dmptjoh!ebuf*!>!!93-111/
)3*!Dmptjoh!Tupdl!bu!Csbodi )4*!Dmptjoh!Hppet.jo.Usbotju!up!Csbodi! ! ! ! ! ! !
Uijt!dbo!cf!btdfsubjofe!cz!dpotjefsjoh!pomz!uif!qiztjdbm!npwfnfou!)bduvbm*!pg! Pqfojoh!hppet.jo.usbotju!up!csbodi 4-311
tupdl!up!boe!gspn!csbodi!bt!gpmmpxt;! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Bee;!Hppet!tfou!cz!I/P/ 89-711
Pqfojoh!tupdl!bu!csbodi 7-911 Upubm!hppet!usbwfmmjoh!upxbset!csbodi 92-911
Hppet!sfdfjwfe!gspn!I/P/ 85-911 Mftt;!Hppet!bduvbmmz!sfdfjwfe!cz!csbodi 85-911
Upubm 92-711 Dmptjoh!hppet.jo.usbotju!up!csbodi!)gspn!I/P/* 8-111
Mftt;!Sfuvsofe!up!I/P/ 3-111 )5*!Dmptjoh!hppet!jo!usbotju!gspn!Csbodi
8:-711 Pqfojoh!hppet.jo.usbotju!gspn!csbodi 2-711
Mftt;!Hppet!qiztjdbmmz!mfbwjoh!uif!csbodi; Bee;!Hppet!tfou!up!I/P/ 3-111
! ! ! Dsfeju!tbmft 46-611 4-711
! ! ! Mftt!sfuvsot 611 Mftt;!Hppet!sfdfjwfe!cz!I/P/ 2-711
! ! ! Ofu!dsfeju!tbmft 46-111 Dmptjoh!hppet!jo!usbotju!gspn!csbodi!)up!I/P/* 3-111
! ! ! Dbti!tbmft 65-111
! ! ! Upubm!tbmft 9:-111
Mftt;!Hsptt!Qspgju!31& 28-911
Dptu!pg!hppet!tpme 82-311
9-511
Mftt;!Xbtubhf 511
Dmptjoh!tupdl!)qiztjdbm*!bu!csbodi 9-111
Dr. Branch Debtors Account Cr.
Up!Cbmbodf!c0e 8-111 Cz!Cbol!)dpmmfdujpo* 44-111
Up!Tbmft!)dsfeju* 46-611 Cz!Sfuvsot 611
Cz!Cbe!efcut 311
Cz!Cbmbodf!d0e!)Cbmbodjoh!gjhvsf* 9-911
53-611 53-611
Jowpjdf!Qsjdf!Nfuipe!;!Tpnfujnft-!uif!ifbe!pggjdf!nbz!qsfgfs!up!tfoe!hppet!up!uif!csbodi!bu!b!ijhifs!qsjdf
uibo!dptu!)ufsnfe!bt!jowpjdf!qsjdf*/!Nfuipe!pg!tfoejoh!hppet!bu!jowpjdf!qsjdf!jt!fydfmmfou!gspn!uif!qpjou!pg
wjfx!pg!tupdl!dpouspm/!Bt!uif!hppet!bsf!jowpjdfe!bu!tfmmjoh!qsjdf-!uif!ifbe!pggjdf!dbo!ejdubuf!qsjdjoh!qpmjdz!up
jut!csbodift-!bt!xfmm!bt!tbwf!xpsl!bu!uif!csbodi!cfdbvtf!qsjdft!ibwf!bmsfbez!cffo!efdjefe/!Jowpjdjoh!bu!tfmmjoh
qsjdf!jt!hfofsbmmz!epof!xifsf!hppet!bsf!pg!tuboebse!uzqf-!qsf.qbdlfe!boe!vomjlfmz!up!gmvduvbuf!jo!qsjdf/!Xifsf
ifbe!pggjdf!ibt!mjuumf!dpouspm!pwfs!tfmmjoh!qsjdft!)bt!gps!fybnqmf-!xjui!qfsjtibcmf!hppet!mjlf!gsvjut-!gjti-!njml-
fud/*!uif!nptu!tvjubcmf!nfuipe!!jt!uibu!pg!jowpjdjoh!bu!dptu!qsjdf/!Jo!beejujpo-!hppet!nbz!cf!jowpjdfe!bu!tfmmjoh
qsjdf!up!lffq!uif!nbshjo!pg!qspgju!b!tfdsfu!gspn!uif!csbodi!nbobhfs/
Uif!nfuipe!pg!qsfqbsbujpo!pg!Csbodi!Bddpvou!jt!uif!tbnf!bt!jo!uif!dptu!qsjdf!nfuipe-!fydfqujoh!uibu!bmm
kpvsobm!fousjft!sfmbujoh!up!uif!hppet!)pqfojoh!tupdl-!hppet!tfou!up!csbodi-!hppet!sfuvsofe!up!ifbe!pggjdf!boe
dmptjoh!tupdl*!bsf!nbef!bu!jowpjdf!qsjdf!boe!qspqfs!bekvtunfout!gps!mpbejoh!)ejggfsfodf!cfuxffo!dptu!qsjdf!boe
jowpjdf!qsjdf*!bsf!nbef!bu!uif!foe!pg!uif!bddpvoujoh!qfsjpe!cz!qbttjoh!tpnf!beejujpobm!fousjft/
Journal Entries
1. For Ŭopening balances of assetsŭ at the branch
Csbodi!Bddpvou Es/
! Up!)Joejwjevbm*!Csbodi!Bttfut!Bddpvou ! ! \Pqfojoh!tupdl!bu!jowpjdf!qsjdf^
2. For Ŭopening balances of liabilitiesŭ at the branch
)Joejwjevbm*!Csbodi!Mjbcjmjujft!Bddpvou Es/
! Up!Csbodi!Bddpvou
3. For loading on opening stock
Tupdl!Sftfswf!Bddpvou Es/!! \Mpbejoh!po!pqfojoh!tupdl^
! Up!Csbodi!Bddpvou
Csbodi!Bddpvou Es/!! \Jowpjdf!qsjdf^
! Up!Hppet!Tfou!up!Csbodi!Bddpvou
5. For return of goods by branch to head office
Hppet!Tfou!up!Csbodi!Bddpvou Es/!! \Jowpjdf!qsjdf^
! Up!Csbodi!Bddpvou
6. For loading (Net) on goods sent to branch
Hppet!Tfou!up!Csbodi!Bddpvou Es/! !\Mpbejoh^
! Up!Csbodi!Bddpvou
7. For remittance of cash/cheque to branch for expenses (e.g., salaries, rent, petty expenses, etc.)
Csbodi!Bddpvou Es/!! \Bduvbm^
! Up!Dbti0Cbol!Bddpvou
8. For cash/cheque received from branch (cash sales plus collection from debtors)
Dbti0Cbol!Bddpvou Es/!! \Bduvbm!jodmvejoh!ejsfdu!gspn!efcupst^
! Up!Csbodi!Bddpvou
9. For Ŭclosing balances of assetsŭ at the branch
)Joejwjevbm*!Csbodi!Bttfut!Bddpvou Es/!! \Dmptjoh!tupdl!bu!jowpjdf!qsjdf!pomz^
! Up!Csbodi!Bddpvou
10. For Ŭclosing balances of liabilitiesŭ at the branch
Csbodi!Bddpvou Es/
! Up!Csbodi!Mjbcjmjujft!)Joejwjevbmmz*!Bddpvou
11. For closing goods sent to branch account
! Up!Qvsdibtft!Bddpvou ! ! \Usbefs^
! Up!Usbejoh!Bddpvou ! ! \Nbovgbduvsfst^
12. For loading on closing stock
Csbodi!Bddpvou Es/!! \Mpbejoh!po!dmptjoh!tupdl^
! Up!Tupdl!Sftfswf!Bddpvou
13. For credit sales, normal loss, normal pilferage, goods returned by customers, etc. [No entry]
14. For abnormal loss
)b*!Bcopsnbm!Mptt!Bddpvou Es/!! \Jowpjdf!qsjdf^
! ! Up!Csbodi!Bddpvou
)c*!Csbodi!Bddpvou Es/!! \Mpbejoh!po!bcopsnbm!mptt^
! ! Up!Bcopsnbm!Mptt!Bddpvou
)d*!Cbol!Bddpvou Es/!! \Jotvsbodf!dmbjn!sfdfjwfe^
! ! Hfofsbm!Qspgju!'!Mptt!Bddpvou Es/!! \Mptt^
! ! Up!Bcopsnbm!Mptt!Bddpvou
15. Normal pilferage, branch expenses paid by the branch, bad debts, discount allowed to
debtors, etc.
\Op!fousz^
16. For transferring profit or loss of the branch
)j*!Jg!qspgju;
Csbodi!Bddpvou Es/
! Up!Hfofsbm!Qspgju!boe!Mptt!Bddpvou
)jj*!Jg!mptt;
Hfofsbm!Qspgju!boe!Mptt!Bddpvou Es/
! Up!Csbodi!Bddpvou
Illustration 10
Sfmby!Mue/!tvqqmz!hppet!up!jut!Ofx!Efmij!csbodi!bu!dptu!qmvt!36&/!Bmm!dbti!tbmft!bu!csbodi!bsf!ebjmz!sfnjuufe!up!uif!ifbe
pggjdf-!boe!uif!mbuufs!ejsfdumz!qbzt!bmm!uif!csbodi!fyqfotft/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!tipx!cz!Efcupst!Tztufn!uif
sftvmu!pg!uif!csbodi!pqfsbujpot!gps!uif!zfbs!foefe!Efdfncfs!42-!3128!;
! !
Tupdl!bu!csbodi!2/2/3128!)jowpjdf!qsjdf* 4-111 Dbti!qbje!cz!I/P/!gps!sfou!'!sbuft 711
Hppet!tfou!up!csbodi!)jowpjdf!qsjdf* 35-111 Dbti!qbje!cz!I/P/!gps!tvoesz!fyqfotft 3-111
Sfnjuubodft!gspn!uif!csbodi 36-111 Sfuvsot!gspn!uif!csbodi!)jowpjdf!qsjdf* 261
Dbti!qbje!cz!I/P/!gps!tbmbsjft!'!xbhft 2-:11 Tupdl!bu!csbodi!po!42/23/3128!)jowpjdf!qsjdf* 9-111
Solution In the books of the Relax Ltd. (H.O.)
Dr. New Delhi Branch Account Cr.
3128!Kbo/!2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Cbol!B0d!)Sfnjubodft* 36-111
Tupdl 4-111 Cz!Tupdl!Sftfswf!B0d!)Opuf!2* 711
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 35-111 Cz!Hppet!Tfou!up!Csbodi!B0d
Up!Cbol!B0d; )Sfuvsot* 261
Tbmbsjft!'!xbhft 2-:11 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 5-881
Sfou!'!sbuft 711 Cz!Cbmbodf!d0e;
Tvoesz!fyqfotft 3-111 Tupdl 9-111
49-631 49-631
Xpsljoh!Opuft;
)2*!Mpbejoh!po!pqfojoh!tupdl
Mpbejoh!jt!36&!po!dptu!cvu!uif!hjwfo!ebub!bsf!sfmbufe!up!jowpjdf!qsjdf/!Uivt-!jg!dptu!jt!!211-!uif!jowpjdf!qsjdf!xjmm!cf!!)211!,!36*
>!!236/!!Ifodf-!!mpbejoh!!po!!jowpjdf!!qsjdf!>!360236!>!206!ps!31&/!Uifsfgpsf-!mpbejoh!po!pqfojoh!tupdl!xjmm!cf!!4-111!x!206!>
!711/
)3*!Mpbejoh!po!Hppet!tfou!;!Upubm!hppet!tfou!-!!35-111/!Hppet!sfuvsofe!cz!csbodi!bu!jowpjdf!qsjdf!>!!261/!Uif!mpbejoh!po!ofu
hppet!tfou!xjmm!cf!!34-961!x!206!>!!5-881/
)4*!Mpbejoh!po!dmptjoh!tupdl!>!!9-111!x!206!>!!2-711/
Illustration 11
T/!Q/!xip!dbssjfe!po!b!sfubjm!cvtjoftt-!pqfofe!b!csbodi!Y!po!2/2/3129!xifsf!bmm!tbmft!xfsf!po!dsfeju!cbtjt/!Bmm!hppet
sfrvjsfe!cz!uif!csbodi!xfsf!tvqqmjfe!gspn!uif!ifbe!pggjdf!boe!xfsf!jowpjdfe!up!uif!csbodi!bu!21&!bcpwf!dptu/!Uif!gpmmpxjoh
xfsf!uif!usbotbdujpot!)bmm!gjhvsft!bsf!jo!*!;
Kbo!3129 Gfc!3129 Nbs!3129
Hppet!tfou!up!csbodi!)qvsdibtf!qsjdf* 51-111 61-111 71-111
Tbmft!bt!tipxo!cz!uif!csbodi!npouimz!sfqpsu 49-111 53-111 66-111
Dbti!sfdfjwfe!gspn!efcupst!boe!sfnjuufe!up!ifbe!pggjdf 31-111 62-111 46-111
Sfuvsot!up!ifbe!pggjdf!)jowpjdf!qsjdf!up!csbodi* 2-311 711 3-511
Uif!tupdl!pg!hppet!ifme!cz!uif!csbodi!po!42/4/3129!bnpvoufe!up!!64-511!bu!jowpjdf!qsjdf!up!csbodi/!Sfdpse!uiftf
usbotbdujpot!jo!uif!ifbe!pggjdf!cpplt-!tipxjoh!cbmbodft!bt!po!42/4/3129!boe!uif!csbodi!hsptt!qspgju!gps!uif!uisff!npouit
foefe!po!uibu!ebuf/!Bmm!xpsljoh!tipvme!cf!qbsu!pg!zpvs!botxfs/
Solution In the books of S.P. (H.O.)

Dr. X Branch Account Cr.
3129!Nbs/!42 Up!Hppet!Tfou!up!Csbodi!B0d!)Opuf!2* 2-76-111 3129!Nbs/!42 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvsot* 5-311
Up!Tupdl!Sftfswf!B0d!)Opuf!4* 5-966 Cz!Cbol!B0d 2-17-111
Up!Hfofsbm!Qspgju!'!Mptt!B0d 48-474 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3*
)Mpbejoh!po!ofu!hppet!tfou* 25-729
Cz!Cbmbodf!d0e;
Tupdl 64-511
Efcupst!)Opuf!5* 3:-111
3-18-329 3-18-329
Dr. Goods Sent to Branch Account Cr.
3129!Nbs/!42 Up!Y!Csbodi!B0d!)Sfuvsot* 5-311 3129!Nbs/!42 Cz!Y!Csbodi!B0d 2-76-111
Up!Y!Csbodi!B0d!)Mpbejoh* 25-729
Up!Qvsdibtft!B0d 2-57-293
2-76-111 2-76-111
Xpsljoh!Opuft;
)2*!Upubm!hppet!tfou!>!!51-111!,!!61-111!,!!71-111!>!!2-61-111/!Mpbejoh!21&!pg!!2-61-111!>!!26-111/!Jowpjdf!qsjdf!pg!hppet
tfou!>!!2-61-111!,!!26-111!>!!2-76-111/
)3*!Ofu!mpbejoh!po!hppet!tfou!>!2022!!)2-76-111!Ï!!5-311*!>!!25-729/
)4*!Mpbejoh!po!dmptjoh!tupdl!2022!x!!64-511!>!!5-966/
Ebuf Qbsujdvmbst Ebuf Qbsujdvmbst
2/2/3129 Up!Cbmbodf!c0e Ð 42/4/3129 Cz!Cbol!B0d! 2-17-111
42/4/3129 Up!Tbmft 2-46-111 42/4/3129 Cz!Cbmbodf!d0e 3:-111
2-46-111 2-46-111
Illustration 12
Ns/!Y!ibt!b!csbodi!jo!Dbmdvuub/!If!jowpjdft!hppet!up!uif!csbodi!bu!tfmmjoh!qsjdf!xijdi!jt!dptu!qmvt!44204&/!Gspn!uif
gpmmpxjoh!qbsujdvmbst!qsfqbsf!Csbodi!Bddpvou!boe!Hppet!Tfou!up!Csbodi!Bddpvou!jo!uif!cpplt!pg!Ns/!Y!)bmm!gjhvsft!jo!*
Tupdl!po!2tu!Kbovbsz!3128!)jowpjdf!qsjdf* 26-111 Ejtdpvou!bmmpxfe!up!dvtupnfst 411
Efcupst!po!2tu!Kbovbsz!3128 22-511 Cbe!efcu!xsjuufo.pgg 361
Hppet!tfou!up!csbodi!bu!jowpjdf!qsjdf 78-111 Difrvf!tfou!up!csbodi;
Dbti!tbmft 42-111 Tbmbsjft 6-111
Dsfeju!tbmft 48-511 Tvoesz!fyqfotft 2-811
Dbti!sfdfjwfe!gspn!efcupst 51-111 Tupdl!po!42tu!Efdfncfs!3128!)jowpjdf!qsjdf* 24-511
Solution In the books of Mr. X (H.O.)

3128!Kbo/!2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Cbol!B0d;
Tupdl 26-111 Dbti!tbmft 42-111
Efcupst 22-511 Dbti!sfdfjwfe!gspn!Efcupst 51-111
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 78-111 Cz!Tupdl!Sftfswf!B0d!)Opuf!3* 4-861
Up!Cbol!B0d!; Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!4* 27-861
Tbmbsjft 6-111 Cz!Cbmbodf!d0e;
Tvoesz!fyqfotft 2-811 Tupdl 24-511
Up!Tupdl!Sftfswf!B0d!)Opuf!5* 4-461 Efcupst!)Opuf!2* 9-361
Up!Hfofsbm!Qspgju!'!Mptt!B0d :-811
2-24-261 2-24-261
3128!Efd/!42 Up!Dbmdvuub!Csbodi!B0d!)Mpbejoh* 27-861 ! ! !@ Cz!Dbmdvuub!Csbodi!B0d 78-111
! ! !@ Up!Qvsdibtft!B0d!)Opuf!3* 61-361
78-111 78-111
Working Notes:
Up!Cbmbodf!c0e 22-511 Cz!Ejtdpvou!bmmpxfe 411
Up!Tbmft!)dsfeju* 48-511 Cz!Cbe!efcut 361
Cz!Cbol 51-111
59-911 59-911
)3*!Mpbejoh!po!Pqfojoh!Tupdl
Mpbejoh!jt!44204!&!po!dptu!cvu!uif!hjwfo!ebub!sfmbuft!up!jowpjdf!qsjdf/!Uivt-!jg!dptu!jt!!211-!uif!jowpjdf!qsjdf!xjmm!cf!!)211!,
44204*!ps!!244204/!Ifodf-!mpbejoh!po!jowpjdf!qsjdf!>!44204!0!244204!>!205!!ps!!36&/!
Uifsfgpsf-!mpbejoh!po!pqfojoh!tupdl!xjmm!cf!!26-111!x!205!>!!4-861/
)4*!Mpbejoh!po!hppet!tfou!up!Csbodi!>!!78-111!x!205!>!!27-861/
)5*!Mpbejoh!po!dmptjoh!tupdl!>!!24-511!x!205!>!!4-461/
Illustration 13
B!ifbe!pggjdf!jo!Qbuob!ibt!uxp!csbodift!bu!Nbesbt!boe!Efmij/!Hppet!bsf!dpotjhofe!up!uifn!bu!mpbefe!gjhvsft!pg!21&!boe
31&!po!dptu!sftqfdujwfmz/!Evsjoh!uif!zfbs-!uif!jowpjdft!up!uif!csbodift!bsf!!55-111!boe!!71-111!sftqfdujwfmz/
Jodmvefe!jo!uif!jufn!!55-111!bsf!jowpjdft!gps!hppet!dptujoh!!23-111!boe!jowpjdft!up!uif!Nbesbt!csbodi!bu!!24-311
xijdi!tipvme!ibwf!cffo!jowpjdfe!up!uif!Efmij!csbodi/!Tbmft!bsf!bmm!gps!dbti-!xjui!uibu!pg!Nbesbt!csbodi-!cfjoh!!33-111
boe!pg!Efmij!csbodi!!61-511/!Ju!nbz!cf!bttvnfe!uibu!uif!dmptjoh!tupdlt!bsf!dpssfdu/
Zpv!bsf!sfrvjsfe!up!qsfqbsf;!)j*!Nbesbt!Csbodi!Bddpvou-!boe!)jj*!Efmij!Csbodi!Bddpvou/
Solution In the books of the Head Office (Patna)
Ebuf Qbsujdvmbst Nbesbt Efmij Ebuf Qbsujdvmbst Nbesbt Efmij
Up!Hppet!Tfou!up!Csbodi!B0d!)Opuf!2* 41-911 85-511 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 3-911 23-511
Up!Tupdl!Sftfswf!B0d 911 5-111 Cz!Cbol!B0d!)Tbmft* 33-111 61-511
Up!Qspgju!'!Mptt!B0d 3-111 9-511 Cz!Cbmbodf!d0e!;!Tupdl!)Opuf!4* 9-911 35-111
44-711 97-911 44-711 97-911
Xpsljoh!Opuft;
)2*!Ofu!hppet!tfou!up!Nbesbt!csbodi!>! !55-111!Ï! !24-311!>! !41-911/!
Ofu!hppet!tfou!up!Efmij!csbodi!>! !71-111!,!) !23-111!x!2310211*!>!!71-111!,!!25-511!>!!85-511/
)3*!Mpbejoh!po!hppet!tfou!>!Nbesbt!;!2022!x!!41-911!>!!3-911<!Efmij!;!207!x!!85-511!>!!23-511/
(3) Value of Closing Stock at Invoice Price
Nbesbt!)* Efmij!)*
Jowpjdf!qsjdf!pg!hppet!tfou 41-911 85-511
Mftt;!Hppet!tpme 33-111 61-511
9-911 35-111
Illustration 14
T!Mue/!nbjoubjot!b!csbodi!bu!Dbmdvuub!up!xijdi!ju!tfoet!hppet!bu!dptu!qmvt!36&/!Dbmdvuub!csbodi!tfmmt!hppet!cpui!jo!dbti
boe!po!dsfeju/!Bmm!dpmmfdujpot!boe!dbti!tbmft!bsf!ejsfdumz!efqptjufe!up!ifbe!pggjdf!Cbol!Bddpvou!boe!bmm!fyqfotft!bsf!qbje
cz!uif!ifbe!pggjdf!ejsfdumz/!Gspn!uif!gpmmpxjoh!jogpsnbujpo-!qsfqbsf!Dbmdvuub!Csbodi!Bddpvou!jo!uif!cpplt!pg!ifbe!pggjdf;
Cbmbodft!po!2/5/3128; !!! Dbti!tbmft 41-111
Csbodi!tupdl!bu!jowpjdf!qsjdf 41-111 Cbe!efcut 3-111
Csbodi!efcupst 51-111 Ejtdpvou!bmmpxfe 4-111
Usbotbdujpot!evsjoh!uif!zfbs; Bcopsnbm!mptt!pg!hppet!bu!jowpjdf!qsjdf 9-111
Hppet!tfou!up!csbodi!bu!dptu 2-51-111 Difrvf!tfou!cz!ifbe!pggjdf!up!csbodi!;
Hppet!sfuvsofe!cz!csbodi!bu!jowpjdf!qsjdf 21-111 ! Sfou!;!!5-111<!Tbmbsjft!;!!7-111<!Qfuuz!fyqfotft!;!!3-111
Hppet!sfuvsofe!cz!efcupst!up!csbodi 4-111 Cbmbodft!po!42/4/3129;
Dsfeju!tbmft 2-31-111 ! Efcupst!;!!56-111<!Tupdl!bu!jowpjdf!qsjdf!;!!51-111<!
! Pvutuboejoh!sfou!;!!2-111
Solution In the books of S. Ltd.

3128!Bqs/!2 Up!Cbmbodf!c0e; 3129!Nbs/!42 Cz!Tupdl!Sftfswf!B0d!)Opuf!2* 7-111
Tupdl 41-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvsot* 21-111
Efcupst 51-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!4* 44-111
3129!Nbs/!42 Up!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 2-86-111 Cz!Cbol!B0d;
Up!Cbol!B0d; Dbti!tbmft 41-111
Sfou 5-111 Dpmmfdujpo!gspn!Efcupst!)Opuf!5* 2-18-111
Tbmbsjft 7-111 Cz!Bcopsnbm!Mptt!B0d!)Opuf!7* 9-111
Qfuuz!fyqfotft 3-111 Cz!Cbmbodf!d0e;
Up!Bcopsnbm!Mptt!B0d!)Opuf!7* 2-711 Efcupst 56-111
Up!Tupdl!Sftfswf!B0d 9-111 Tupdl 51-111
Up!Cbmbodf!d0e;
Pvutuboejoh!Sfou 2-111
3-8:-111 3-8:-111
Xpsljoh!Opuft;
)2*!Mpbejoh!po!pqfojoh!tupdl
Mpbejoh!!!jt!!36&!po!dptu!cvu!uif!hjwfo!ebub!bsf!sfmbufe!up!jowpjdf!qsjdf/!Uivt-!jg!dptu!jt!!211-!uif!jowpjdf!qsjdf!xjmm!cf!!)211!,!36*!>
!236/!Ifodf-!mpbejoh!po!jowpjdf!qsjdf!>!360236!>!206!ps!31&/!Uifsfgpsf-!mpbejoh!po!pqfojoh!tupdl!>!41-111!x!206!>!!7-111/
)3*!Jowpjdf!qsjdft!pg!hppet!tfou!>!!2-51-111!,!36&!pg!!2-51-111!>!!2-51-111!,!!46-111!>!!2-86-111/
)4*!Mpbejoh!po!ofu!hppet!tfou
Upubm!!hppet!tfou-!! !2-86-111/!!Hppet!!sfuvsofe!!cz!csbodi!bu!jowpjdf!qsjdf-! !21-111/!Uif!mpbejoh!po!ofu!hppet!tfou!jt!206!x
!2-76-111!>!!44-111/
Up!Cbmbodf!c0e 51-111 Cz!Sfuvsot 4-111
Up!Tbmft!)dsfeju* 2-31-111 Cz!Cbe!efcut 3-111
Cz!Ejtdpvou!bmmpxfe 4-111
Cz!Cbol!)Cbmbodjoh!gjhvsf* 2-18-111
2-71-111 2-71-111
)6*!Voefs!uijt!nfuipe-!dsfeju!tbmft-!tbmft!sfuvsot-!cbe!efcut-!ejtdpvou!bmmpxfe!up!efcupst-!fud/!bsf!up!cf!jhopsfe/
)7*!Csbodi!Bddpvou!jt!qsfqbsfe!up!lopx!uif!dpssfdu!qspgju!pg!uif!csbodi!xjuipvu!cfjoh!bggfdufe!cz!boz!bcopsnbm!mptt/!Ifsf-!bcopsnbm
mptt!bu!jowpjdf!qsjdf!>!!9-111/!Up!dbmdvmbuf!dpssfdu!qspgju-!!9-111!jt!up!cf!dsfejufe!up!Csbodi!Bddpvou!boe!mpbejoh!po!tvdi!mptt
pg!!2-711!jt!up!cf!efcjufe!up!Csbodi!Bddpvou/!Uif!dptu!pg!hppet!mptt!!9-111!Ï!!2-711!>!!7-511!jt!up!cf!dibshfe!up!Hfofsbm!Qspgju
boe!Mptt!Bddpvou/
Stock and Debtors System

Tupdl!boe!Efcupst!tztufn!jt!hfofsbmmz!vtfe!xifo!uif!hppet!bsf!tfou!up!uif!csbodi!bu!bo!jowpjdf!qsjdf!boe!uif
tj{f!pg!uif!csbodi!jt!mbshf/!Voefs!uijt!tztufn-!uif!csbodi!nbjoubjot!b!gfx!dfousbm!bddpvout!up!fyfsdjtf!hsfbufs
dpouspm!pwfs!uif!csbodi!tupdl!boe!puifs!sfmbufe!fyqfotft/!Uiftf!bddpvout!vtvbmmz!bsf;!)j*!Csbodi!Tupdl!Bddpvou<
)jj*!Csbodi!Efcupst!Bddpvou<!)jjj*!Hppet!Tfou!up!Csbodi!Bddpvou<!)jw*!Csbodi!Bekvtunfou!Bddpvou<!)w*!Csbodi
Dbti!Bddpvou<!)wj*!Csbodi!Fyqfotft!Bddpvou<!)wjj*!Csbodi!Qspgju!boe!Mptt!Bddpvou<!boe!)wjjj*!Csbodi!Gjyfe
Bttfut!Bddpvou/!Uif!obuvsf!boe!gvodujpot!pg!ejggfsfou!bddpvout!bsf!hjwfo!cfmpx;
Csbodi!Tupdl!Bddpvou!;!Csbodi!Tupdl!Bddpvou!jt!b!qsbdujdbm!nfbot!pg!dpouspmmjoh!tupdl!bu!csbodi/!Uijt
bddpvou!sfdpset!uif!usbotbdujpot!jo!sfhbse!up!uif!tupdl!jo!uif!csbodi!bu!jowpjdf!qsjdf/!Uif!efcju!tjef!pg!uijt
bddpvou!sfdpset!uif!jogmpx!pg!tupdl!joup!uif!csbodi!boe!dsfeju!tjef!sfdpset!jut!pvugmpx!gspn!uif!csbodi/
Uif!Csbodi!Tupdl!Bddpvou!jt!pqfofe!xjui!uif!pqfojoh!wbmvf!pg!tupdl!bu!csbodi!boe!jo!usbotju!)bu!jowpjdf
qsjdf*!boe!efcjufe!xjui!uif!jowpjdf!wbmvf!pg!hppet!tfou!up!csbodi!boe!hppet!sfuvsofe!cz!uif!dvtupnfst/
Uijt!bddpvou!jt!dsfejufe!xjui!uif!tbmft!)dbti!boe!dsfeju*!boe!hppet!sfuvsofe!up!uif!ifbe!pggjdf!)bu!jowpjdf
qsjdf*/!Vmujnbufmz-!uijt!bddpvou!jt!dsfejufe!xjui!uif!dmptjoh!tupdl!pg!uif!csbodi!bu!jowpjdf!qsjdf/!Tpnfujnft-!ju
jt!bmtp!dsfejufe!xjui!hppet!jo!usbotju!bu!uif!foe!pg!uif!zfbs!)bu!jowpjdf!qsjdf*/
Tjodf!uijt!bddpvou!jt!b!tubufnfou!tipxjoh!uif!sfdpodjmjbujpo!pg!tupdl-!cpui!uif!tjeft!tipvme!ubmmz!boe-!jo
fggfdu-!uijt!bddpvou!dboopu!ibwf!boz!cbmbodf/!Cvu-!uijt!jt!pomz!b!uifpsfujdbm!wjfx/!Jo!qsbdujdf-!uifsf!bsf!pgufo
Npefso!Bddpvoubodz!.!JJ!!!3/2:
tmjhiu!ejggfsfodft!Ð!vtvbmmz!efgjdjfodjft/!Gps!fybnqmf-!ju!jt!qsbdujdbmmz!jnqpttjcmf!up!xfjhi!vq!fybdumz!211
tfqbsbuf!lh/!pg!cvuufs!gspn!pof!rvjoubm!cvuufs!tmbc/!Jo!tpnf!dbtft-!uifsf!nbz!cf!b!tvsqmvt!gps!ejggfsfou!sfbtpot
tvdi!bt-!tbmf!pg!hppet!bcpwf!jowpjdf!qsjdf!boe!bctpsqujpo!pg!npjtuvsf!)jo!dbtf!pg!tvhbs-!gfsujmjtfs-!fud/*
Jo!qsbdujdf-!ju!jt!vtvbm!up!nblf!dfsubjo!bmmpxbodft!jo!sftqfdu!pg!tvdi!vobwpjebcmf!ejggfsfodft/!Jg!ju!jt!npsf
uibo!opsnbm!bmmpxbodf-!forvjsjft!tipvme!cf!nbef!bt!up!uif!dbvtft!pg!uif!ejggfsfodf/!Tipsubhf0efgjdjfodz!jt
sfdpsefe!po!uif!dsfeju!tjef!boe!tvsqmvt!jt!sfdpsefe!po!uif!efcju!tjef/
Jnqpsubou!gfbuvsft!pg!Csbodi!Tupdl!Bddpvou!bsf!bt!voefs;
)j* Ju!dpouspmt!csbodi!tupdl/
)jj* Ju!jt!nbjoubjofe!bu!jowpjdf!qsjdf/
)jjj* Bduvbm!tupdl!xjui!uif!csbodi!jt!tipxo!bt!uif!cbmbodf!jo!uijt!bddpvou/
Uif!svmjoh!pg!uif!Csbodi!Tupdl!Bddpvou!jt!hjwfo!cfmpx;
Dr. Branch Stock Account Cr.
3128!Kbo/!2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Hppet!Tfou!up!Csbodi!B0d!*
bu!csbodi )Sfuvsot!up!I/P/
jo.usbotju Cz!Cbol!B0d!)Dbti!tbmft*
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d Cz!Csbodi!Efcupst!B0d!)Dsfeju!tbmft*
Up!Csbodi!Efcupst!B0d; Cz!Bcopsnbm!Mptt!cz!Gjsf!B0d
)Sfuvsofe!cz!dvtupnfst* Cz!Tipsubhf!jo!Tupdl!)jg!boz*
Efd/!42 Up!Tvsqmvt!jo!Tupdl!B0d!)jg!boz* Cz!Cbmbodf!d0e;
bu!csbodi
jo.usbotju
3129!Kbo/!2 Up!Cbmbodf!c0e;
bu!csbodi
jo.usbotju
Csbodi!Efcupst!Bddpvou!;!Csbodi!Efcupst!Bddpvou!jt!nbjoubjofe!xifo!uif!csbodi!jt!bmmpxfe!up!tfmm!hppet
po!dsfeju/!Ju!jt!vtfe!up!fyfsdjtf!dpouspm!pwfs!csbodi!efcupst/!Uijt!bddpvou!sfdpset!usbotbdujpot!xjui!uif!csbodi
efcupst!boe!jt!qsfqbsfe!mjlf!boz!Tvoesz!Efcupst!Bddpvou/!Pqfojoh!cbmbodf!pg!csbodi!efcupst!jt!cspvhiu!epxo
po!uif!efcju!tjef!pg!uijt!bddpvou!boe!uijt!bddpvou!jt!efcjufe!xjui!dsfeju!tbmft!bu!uif!csbodi/!Ju!jt!dsfejufe!xjui
uif!dbti!sfdfjwfe-!ejtdpvou!bmmpxfe-!tbmft!sfuvsot-!cbe!efcut-!cjmmt!sfdfjwbcmf-!fud/!Uif!cbmbodf!pg!uijt!bddpvou
sfqsftfout!uif!dmptjoh!cbmbodf!pg!efcupst/
3128!Kbo/!2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Cbol!B0d!)Dpmmfdujpo*
Efd/!42 Up!Csbodi!Tupdl!B0d!)Dsfeju!tbmft* Cz!Csbodi!Fyqfotft!B0d;
Ejtdpvou!bmmpxfe
Cbe!efcut
Cz!Csbodi!Tupdl!B0d!)Sfuvsofe*
Cz!Cbmbodf!d0e;
3129!Kbo/!2 Up!Cbmbodf!c0e;
Hppet!Tfou!up!Csbodi!Bddpvou!;!Hppet!Tfou!up!Csbodi!Bddpvou!jt!dsfejufe!xjui!uif!jowpjdf!qsjdf!pg!hppet
tfou!up!uif!csbodi!cz!uif!ifbe!pggjdf!boe!usbotgfssfe!gspn!puifs!csbodift!boe!efcjufe!xjui!uif!jowpjdf!qsjdf!pg
uif!hppet!sfuvsofe0usbotgfssfe!cz!uif!csbodi/!Uijt!bddpvou!jt!bmtp!efcjufe!xjui!mpbejoh!po!ofu!hppet!tfou!up
uif!csbodi/!Uif!cbmbodjoh!gjhvsf!po!uif!efcju!tjef!sfqsftfout!uif!dptu!pg!uif!ofu!hppet!tfou!up!uif!csbodi!xijdi
jt!bekvtufe!bhbjotu!Qvsdibtf0Usbejoh!Bddpvou!cz!uif!ifbe!pggjdf/!Uijt!bddpvou!dboopu!ibwf!boz!pqfojoh!ps
dmptjoh!cbmbodf/
3128!Efd/42 Up!Csbodi!Tupdl!B0d!)Sfuvsot* 3128!Efd/!42 Cz!Csbodi!Tupdl!B0d
Up!Csbodi!Tupdl!B0d!)Usbotgfs* Cz!Csbodi!Tupdl!B0d!)Usbotgfs*
Up!Csbodi!Bekvtunfou!B0d!)Mpbejoh*
Up!Qvsdbitft0Usbejoh!B0d+
+!Gps!b!usbefs!Ð!Qvsdibtft!Bddpvou!boe!gps!b!nbovgbduvsfs!Ð!Usbejoh!Bddpvou!)Jo!uif!Ifbe!Pggjdf!Cppl*/
Csbodi!Dbti!Bddpvou!;!Csbodi!Dbti!Bddpvou!jt!qsfqbsfe!xjui!b!wjfx!up!fyfsdjtf!dpouspm!pwfs!uif!csbodi
dbti/!Uijt!bddpvou!jt!hfofsbmmz!pqfofe!xifsf!uif!csbodi!jt!bmmpxfe!up!ipme!dbti!sfdfjwfe!gspn!efcupst!boe!vtf
ju!gps!csbodi!fyqfotft!boe!sfnju!uif!cbmbodf!up!ifbe!pggjdf!bgufs!dfsubjo!joufswbm/!Hfofsbmmz!gps!cjh!csbodi!b
tfqbsbuf!Dbti!Bddpvou!jt!nbjoubjofe/
Uijt!bddpvou!jt!efcjufe!xjui!uif!pqfojoh!cbmbodf!pg!dbti-!uif!dbti!sfnjuufe!cz!uif!ifbe!pggjdf!ps!uif!csbodift
boe!uif!dbti!dpmmfdufe!gspn!uif!efcupst/!Ju!jt!dsfejufe!xjui!uif!csbodi!fyqfotft!boe!bnpvou!sfnjuufe!up!ifbe
pggjdf!ps!puifs!csbodift/!Uif!cbmbodf!pg!uijt!bddpvou!sfqsftfout!uif!dmptjoh!dbti!mzjoh!xjui!uif!csbodi/
Dr. Branch Cash Account Cr.
3128!Kbo/!2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Cbol!B0d!)Sfnjuubodf!up!I/P/*
Efd/!42 Up!Cbol!B0d!)Sfnjuubodf* Cz!Csbodi!Fyqfotft!B0d;
Up!Cbol!B0d!)Usbotgfs!gspn!puifs!csbodi* Cz!Cbol!B0d!)Usbotgfs!up!puifs!csbodi*
Cz!cbmbodf!d0e;
Csbodi!Fyqfotft!Bddpvou!;!Csbodi!Fyqfotft!Bddpvou!sfdpset!bmm!csbodi!fyqfotft!jo!dbti/!Jo!beejujpo-
uijt!bddpvou!jt!efcjufe!xjui!uif!jufnt!mjlf!cbe!efcut-!ejtdpvou!bmmpxfe-!efqsfdjbujpo!po!csbodi!gjyfe!bttfut-!fud/
Uif!cbmbodf!pg!uijt!bddpvou!jt!usbotgfssfe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou!boe-!uifsfcz!dmptfe/!)Xifo!op
tfqbsbuf! Csbodi! Qspgju! boe! Mptt! Bddpvou! jt! pqfofe-! ju! jt! dmptfe! cz! usbotgfssjoh! up! #Csbodi! Bekvtunfou
Bddpvou#*
Dr. Branch Expenses Account Cr.
3128!Efd/42 Up!Csbodi!Dbti!B0d!)Sfuvsot* 3128!Efd/!42 Cz!Csbodi!Qspgju!'!Mptt!B0d
Up!Csbodi!Bttfut!B0d!)Efqsfdjbujpo*
Up!Csbodi!Efcupst!B0d
Cbe!efcut
Ejtdpvou!bmmpxfe
Csbodi!)Tupdl*!Bekvtunfou!Bddpvou!;!Csbodi!Bekvtunfou!Bddpvou!jt!qsfqbsfe!xjui!b!wjfx!up!btdfsubjo!uif
hsptt!qspgju!pg!uif!csbodi/!Uijt!bddpvou!tvnnbsjtft!uif!qspgju!#mpbejoh#!po!bmm!usbotbdujpot/!Uijt!bddpvou!jt
dsfejufe!xjui!uif!#tupdl!sftfswf#!po!pqfojoh!tupdl!boe!mpbejoh!po!ofu!hppet!tfou!up!csbodi/!Ju!jt!dsfejufe!xjui
uif! mpbejoh! po! tvsqmvt! jo! tupdl/! Uijt! bddpvou! jt! efcjufe! xjui! uif! mpbejoh! po! tipsubhf.! jo.tupdl<! tqpjmbhf-
qjmgfsbhf-!uifgu-!mptt!cz!gjsf-!mptt!jo!usbotju!boe!#tupdl!sftfswf#!po!dmptjoh!tupdl/!Uif!cbmbodf!pg!uijt!bddpvou!jt
usbotgfssfe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
Dr. Branch (Stock) Adjustment Account Cr.
3128!Efd/42 Up!Tipsubhf!jo!Tupdl!B0d!)Mpbejoh* 3128!Efd/!42 Cz!Tupdl!Sftfswf!B0d+
Up!Mptt!cz!Gjsf!B0d!)Mpbejoh* )Mpbejoh!po!pqfojoh!tupdl*
Up!Mptt!jo!usbotju!B0d!)Mpbejoh* Cz!Hppet!Tfou!up!Csbodi!B0d
Up!Mptt!cz!Uifgu!B0d!)Mpbejoh* )Mpbejoh!po!ofu!hppet!tfou*
Up!Qjmgfsbhf!B0d!)Mpbejoh* Cz!Tvsqmvt!jo!Tupdl!B0d
Up!Tupdl!Sftfswf!B0d+ )Mpbejoh!po!tvsqmvt*
)Mpbejoh!po!dmptjoh!tupdl* Cz!Hsptt!Mptt!d0e
Up!Hsptt!Qspgju!d0e
+!Ju!nbz!cf!tipxo!bt!Cz!Cbmbodf!c0e!boe!Up!Cbmbodf!d0e/
Csbodi!Qspgju!boe!Mptt!Bddpvou!;!Csbodi!Qspgju!boe!Mptt!Bddpvou!jt!qsfqbsfe!up!btdfsubjo!uif!ofu!qspgju
ps!mptt!pg!uif!csbodi/!Uijt!bddpvou!jt!dsfejufe!xjui!uif!hsptt!qspgju!bt!btdfsubjofe!gspn!uif!Csbodi!Bekvtunfou
Bddpvou!boe!dptu!pg!tvsqmvt!jo!tupdl/!Uijt!bddpvou!jt!efcjufe!xjui!uif!csbodi!fyqfotft!boe!dptu!pg!tipsubhf!jo
tupdl-!qjmgfsbhf-!uifgu-!fud/!Jg!uif!dsfeju!tjef!jt!npsf-!ju!sfqsftfout!ofu!qspgju-!boe!ju!jt!ofu!mptt!xifo!uif!efcju
tjef!jt!npsf/
Uif!tuvefout!tipvme!opuf!uibu!uif!csbodi!qspgju!tipvme!opu!cf!bggfdufe!cz!uif!bcopsnbm!fwfout!cfzpoe
uif!dpouspm!pg!uif!csbodi!tvdi!bt!mptt!cz!gjsf-!mptt!jo!usbotju!fud/!Uif!dptu!pg!tvdi!hppet!tipvme!cf!dibshfe
up!Hfofsbm!Qspgju!boe!Mptt!Bddpvou!jotufbe!pg!!Csbodi!Qspgju!boe!Mptt!Bddpvou!up!dbmdvmbuf!uif!dpssfdu
qspgju!pg!uif!csbodi/
Jg!uif!obuvsf!pg!uif!mptt!jt!opsnbm!)tvdi!bt!tqpjmbhf-!qjmgfsbhf-!uifgu-!fud/*!boe!jg!ju!dbo!cf!jefoujgjfe!xjui
uif!csbodi-!uif!dptu!pg!tvdi!hppet!tipvme!cf!dibshfe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
Dr. Branch Profit and Loss Account Cr.
3128!Efd/42 Up!Csbodi!Fyqfotft!B0d 3128!Efd/!42 Cz!Hsptt!Qspgju!c0e
Up!Mptt!cz!Uifgu!B0d!)Dptu* Cz!Tvsqmvt!jo!Tupdl!B0d!)Dptu*
Up!Tipsubhf!jo!Tupdl!B0d!)Dptu*
Up!Qjmgfsbhf!B0d!)Dptu*
Up!Hfofsbm!Qspgju!'!Mptt!B0d
Tpnfujnft-!b!tfqbsbuf!Csbodi!Qspgju!boe!Mptt!Bddpvou!jt!opu!pqfofe/!Jo!uibu!tjuvbujpo-!uif!Csbodi
Bekvtunfou!Bddpvou!xjmm!tipx!ofu!qspgju0mptt!pg!uif!csbodi/!Jo!uijt!dbtf-!csbodi!fyqfotft-!qjmgfsbhf!)dptu
,!mpbejoh*-!uifgu!)dptu!,!mpbejoh*-!boe!tipsubhf!jo!tupdl!)dptu!,!mpbejoh*!bsf!dibshfe!up!Csbodi!Bekvtunfou
Bddpvou/!Tjnjmbsmz-!tvsqmvt!jo!tupdl!)dptu!,!mpbejoh*!jt!dsfejufe!up!Csbodi!Bekvtunfou!Bddpvou/
Csbodi!Gjyfe!Bttfut!Bddpvou!;!Uif!ifbe!pggjdf!nbz!nbjoubjo!tfqbsbuf!bttfu!bddpvout!gps!fbdi!gjyfe!bttfu/
Uijt!bddpvou!jt!efcjufe!xjui!uif!pqfojoh!wbmvf!pg!bttfu!boe!qvsdibtf!pg!bo!bttfu-!jg!boz/!Uijt!bddpvou!jt!dsfejufe
xjui!uif!efqsfdjbujpo!qspwjefe!po!uif!bttfu/!Uif!cbmbodf!pg!uif!bddpvou!sfqsftfout!uif!dmptjoh!wbmvf!pg!uif!bttfu/
Journal Entries
Csbodi!Tupdl!Bddpvou Es/!\Jowpjdf!Qsjdf^
! ! Up!Hppet!Tfou!up!Csbodi!Bddpvou
2. For goods returned by branch to head office
Hppet!Tfou!up!Csbodi!Bddpvou Es/!\Jowpjdf!Qsjdf^
! ! Up!Csbodi!Tupdl!Bddpvou
3. For goods received from other branches
4. For goods transferred to other branches on advice of head office
5. For cash sales
Cbol!Bddpvou Es/!\Bduvbm!tbmft!qspdffet^
6. For credit sales
Csbodi!Efcupst!Bddpvou Es/
7. For bills accepted by Branch Debtors

Cjmmt!Sfdfjwbcmf!Bddpvou Es/
! ! Up!Csbodi!Efcupst!Bddpvou
8. For cash collected from debtors
Cbol!Bddpvou Es/
9. For bad debts, discount allowed, etc.
Csbodi!Fyqfotft!Bddpvou Es/
10. For depreciation on branch fixed assets
! ! Up!Csbodi!Gjyfe!Bttfut!Bddpvou
11. For branch expenses incurred in cash
! ! Up!Dbti0Cbol!Bddpvou
12. For transferring branch expenses to Branch Profit and Loss Account/Branch Adjustment Account
! ! ! Csbodi!Qspgju!boe!Mptt!Bddpvou Es/
Ps-! Csbodi!Bekvtunfou!Bddpvou Es/
! ! ! ! Up!Csbodi!Fyqfotft!Bddpvou
13. For shortage in stock/pilferage/theft
)j*!Tipsubhf!jo!Tupdl0Qjmgfsbhf0Uifgu!Bddpvou Es/!\Jowpjdf!Qsjdf^
)jj*!Csbodi!Bekvtunfou!Bddpvou Es/!\Mpbejoh^
! ! Csbodi!Qspgju!boe!Mptt!Bddpvou Es/!\Dptu^
! ! ! Up!Tipsubhf!jo!Tupdl0Qjmgfsbhf0Uifgu!Bddpvou
14. For loss by fire/loss in transit
)j*!Bddjefoubm!Mptt!Bddpvou Es/!\Jowpjdf!Qsjdf^
)jj*!Csbodi!Bekvtunfou!Bddpvou Es/!\Mpbejoh^
! ! Cbol!Bddpvou!)jotvsbodf!dmbjn!sfdfjwfe* Es/
! ! Jotvsbodf!Dpnqboz!)dmbjn!zfu!up!sfdfjwf* Es/
! ! Hfofsbm!Qspgju!boe!Mptt!Bddpvou Es/!\Mptt^
! ! ! Up!Bddjefoubm!Mptt!Bddpvou
15. For loading on opening stock including stock in transit at the beginning
Tupdl!Sftfswf!Bddpvou Es/!\Mpbejoh^
! ! Up!Csbodi!Bekvtunfou!Bddpvou
16. For loading on net goods sent
Hppet!Tfou!up!Csbodi!Bddpvou Es/!\Mpbejoh^
! ! Up!Csbodi!Bekvtunfou!Bddpvou
17. For loading on closing stock including stock-in-transit at the end
Csbodi!Bekvtunfou!Bddpvou Es/!\Mpbejoh^
! ! Up!Tupdl!Sftfswf!Bddpvou
\Jo!uif!Cbmbodf!Tiffu!pg!ifbe!pggjdf-!uif!Tupdl!Sftfswf!jt!tipxo!bt!b!efevdujpo!gspn!csbodi!tupdl!bu!uif!foe^
18. For transferring gross profit
)j*!Csbodi!Bekvtunfou!Bddpvou Es/
! ! Up!Hsptt!Qspgju!Bddpvou
)jj*!Hsptt!Qspgju!Bddpvou Es/
! ! Up!Csbodi!Qspgju!boe!Mptt!Bddpvou
19. For transferring net profit of the branch

Csbodi!Qspgju!boe!Mptt!Bddpvou Es/
! ! Up!Hfofsbm!Qspgju!boe!Mptt!Bddpvou
)Gps!ofu!mptt-!sfwfstf!fousz*
20. For closing Goods Sent to Branch Account
! ! Up!Qvsdibtft!Bddpvou ! ! \Usbefs^
! ! Up!Usbejoh!Bddpvou ! ! \Nbovgbduvsfs^
Treatment of Some Typical Items
Opsnbm!mptt!;!Op!usfbunfou!jt!sfrvjsfe!fwfo!jg!ju!jt!hjwfo!tqfdjgjdbmmz!jo!uif!fybnjobujpo!qspcmfn/!Ipxfwfs-
gps!dbmdvmbujoh!Csbodi!Dmptjoh!Tupdl!)xifo!ju!jt!opu!hjwfo*!opsnbm!mptt!jt!dsfejufe!up!Csbodi!Tupdl!Bddpvou
bu!jowpjdf!qsjdf/!Opsnbm!Mptt!Bddpvou!jt!dmptfe!cz!efcjujoh!up!Csbodi!Bekvtunfou!Bddpvou/
Qjmgfsbhf0Uifgu!;!Jo!sfubjm!usbef-!qjmgfsbhf!ps!tipqmjgujoh!jt!wfsz!dpnnpo!boe!uijt!ibt!dpnf!up!cf!sfhbsefe
bt!b!opsnbm!cvtjoftt!mptt/!Uif!mpbejoh!pg!tvdi!hppet!jt!dibshfe!up!Csbodi!Bekvtunfou!Bddpvou!boe!dptu!jt
dibshfe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
Tipsubhf!jo!tupdl!;!Tipsubhf!jo!tupdl!nbz!cf!evf!up!tqpjmbhf-!mfblbhf-!tbmft!jo!tnbmm!rvboujuz-!fud/!Mpbejoh
po!tipsubhf!jo!tupdl!tipvme!cf!dibshfe!up!Csbodi!Bekvtunfou!Bddpvou!boe!dptu!pg!tvdi!hppet!tipvme!cf!dibshfe
up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
Tvsqmvt!jo!tupdl!;!Mpbejoh!po!tvsqmvt!jo!tupdl!jt!dsfejufe!up!Csbodi!Bekvtunfou!Bddpvou!boe!dptu!pg!tvdi
hppet!jt!dsfejufe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
Mptt! cz! gjsf0mptt.jo.usbotju! ;! Mpbejoh! po! hppet! mptu! cz! gjsf0jo.usbotju! tipvme! cf! dibshfe! up! Csbodi
Bekvtunfou!Bddpvou!boe!uif!dptu!pg!tvdi!hppet!tipvme!cf!dibshfe!up!Hfofsbm!Qspgju!boe!Mptt!Bddpvou/
Tuvefout!tipvme!opuf!uibu!uif!csbodi!qspgju!tipvme!opu!cf!bggfdufe!cz!uif!bcopsnbm!jufnt/!Tpnf!bvuipst
qsfgfs!up!dibshf!uif!dptu!pg!uif!hppet!mptu!cz!gjsf!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/!Cvu-!jo!pvs!pqjojpo-
uijt!qsbdujdf!tipvme!opu!cf!fodpvsbhfe!cfdbvtf!ifbwz!mptt!evf!up!gjsf!cz!dpowfsujoh!csbodi!qspgju!joup
csbodi!mptt!nbz!njtmfbe!uif!nbobhfnfou!bu!uif!ujnf!pg!efdjtjpo.nbljoh/
Joufs.csbodi!usbotgfs!pg!hppet!;!Tpnfujnft!hppet!nbz!cf!usbotgfssfe!cz!pof!csbodi!up!bopuifs!csbodi/!Bu
uif!ujnf!pg!nbljoh!fousz!gps!usbotgfssjoh!csbodi-!ju!tipvme!cf!usfbufe!bt!b!usbotgfs!up!ifbe!pggjdf!)uipvhi!uif
hppet!jt!bduvbmmz!usbotgfssfe!up!b!qbsujdvmbs!csbodi*/!Tjnjmbsmz-!gps!sfdfjwjoh!csbodi!ju!xjmm!cf!usfbufe!bt!sfdfjwfe
gspn!ifbe!pggjdf/
Gps!uif!usbotgfssjoh!csbodi-!uif!fousz!xjmm!cf;
Gps!uif!sfdfjwjoh!csbodi-!uif!fousz!xjmm!cf;
Illustration 15
Po!2tu!Kbovbsz-!3128!hppet!dptujoh!!2-43-111!xfsf!jowpjdfe!cz!Nbesbt!ifbe!pggjdf!up!jut!ofx!csbodi!bu!Efmij!boe!dibshfe
bu!tfmmjoh!qsjdf!up!qspevdf!b!hsptt!qspgju!pg!36&!po!uif!tfmmjoh!qsjdf/!
Bu!uif!foe!pg!uif!zfbs-!uif!sfuvso!gspn!Efmij!Csbodi!tipxfe!uibu!uif!dsfeju!tbmft!xfsf!!2-61-111/!
Hppet!jowpjdfe!bu!!3-111!up!Efmij!csbodi!ibwf!cffo!sfuvsofe!up!Nbesbt!ifbe!pggjdf/!
Uif!dmptjoh!tupdl!bu!Efmij!csbodi!xbt!!35-111!bu!tfmmjoh!qsjdf/!
Sfdpse!uif!bcpwf!usbotbdujpot!jo!uif!
)j*!! Efmij!Csbodi!Tupdl!Bddpvou<!!
)jj*!! Hppet!Tfou!up!Efmij!Csbodi!Bddpvou<!
)jjj*! Efmij!Csbodi!Bekvtunfou!Bddpvou<!boe-!!
)jw*! Efmij!Csbodi!Efcupst!Bddpvou!jo!uif!ifbe!pggjdf!cppl!boe!dmptf!uif!tbje!bddpvout!po!42tu!Efdfncfs-!3128/
Solution In the books of the Head Office, Madras

Dr. Delhi Branch Stock Account Cr.
3128!Efd/!42 Up!Hppet!Tfou!up!Efmij!Cs/!B0d 2-87-111 3128!Efd/!42 Cz!Hppet!Tfou!up!Efmij!Cs/!B0d!)Sfuvsot* 3-111
Cz!Csbodi!Efcups!B0d!)Dsfeju!tbmft* 2-61-111
2-87-111 2-87-111
Dr. Goods Sent to Delhi Branch Account Cr.
3128!Efd/!42 Up!Efmij!Csbodi!Tupdl!B0d!)Sfuvsot* 3-111 3128!Efd/!42 Cz!Efmij!Csbodi!Tupdl!B0d 2-87-111
Up!Efmij!Csbodi!Bekvtunfou!B0d!)Opuf!2* 54-611
Up!Qvsdibtft!B0d!)Usbotgfssfe* 2-41-611
2-87-111 2-87-111
Dr. Delhi Branch Debtors Account Cr.
3128!Efd/!42 Up!Efmij!Csbodi!Tupdl!B0d 2-61-111 3128!Efd/!42 Cz!Cbmbodf!d0e 2-61-111
Dr. Delhi Branch Adjustment Account Cr.
3128!Efd/!42 Up!Tupdl!Sftfswf!B0d!)Opuf!3* 7-111 3128!Efd/!42 Cz!Hppet!Tfou!up!Efmij!Csbodi!B0d!)Opuf!2* 54-611
54-611 54-611
Xpsljoh!Opuft;
)2* Upubm!hppet!tfou!up!Efmij!csbodi!bu!tfmmjoh!qsjdf!jt!!2-87-111/!Hppet!sfuvsofe!up!ifbe!pggjdf!bu!tfmmjoh!qsjdf!jt!!3-111/!Ofu!hppet
tfou!jt!!2-85-111/!Mpbejoh!A!36&!po!tfmmjoh!qsjdf!>!36&!pg!!2-85-111!>!!54-611/
)3* Wbmvf!pg!dmptjoh!tupdl!bu!tfmmjoh!qsjdf!>!!35-111/!Mpbejoh!po!dmptjoh!tupdl!>!36&!pg!!35-111!>!!7-111/
)4* Xifo!op!tfqbsbuf!Csbodi!Qspgju!boe!Mptt!Bddpvou!jt!qsfqbsfe-!uif!Csbodi!Bekvtunfou!Bddpvou!xjmm!ejtdmptf!uif!csbodi!qspgju/
Illustration 16
Po!Kbovbsz!2-!3128-!uif!hppet!jowpjdfe!cz!Dbmdvuub!ifbe!pggjdf!pg!b!usbefs!up!jut!Nbesbt!csbodi!xfsf!!59-111!bu!tfmmjoh
qsjdf-!cfjoh!44204!&!po!dptu!qsjdf/!Gps!tjy!npouit!foejoh!Kvof!41-!3128!uif!csbodi!sfuvso!tipxfe!uibu!uif!dsfeju!tbmft!xfsf
!3:-311/!Uif!hppet!jowpjdfe!bu!!3-111!xfsf!sfuvsofe!cz!uif!csbodi!up!uif!ifbe!pggjdf/!Uif!dmptjoh!tupdl!bu!Nbesbt!csbodi
po!Kvof!41-!3128!xbt!!27-911!bu!tfmmjoh!qsjdf/!
Sfdpse!uif!bcpwf!usbotbdujpot-!tipxjoh!uif!Nbesbt!Csbodi!Tupdl!Bddpvou-!Nbesbt!Csbodi!Bekvtunfou!Bddpvou!boe
uif!Hppet!Tfou!up!Csbodi!Bddpvou!jo!Dbmdvuub!ifbe!pggjdf!cpplt!boe!cbmbodf!uifn!po!Kvof!41-!3128/
Solution In the books of the Head Office, Calcutta
Dr. Madras Branch Stock Account Cr.
3128!Kbo/!2 Up!Hppet!Tfou!up!Csbodi!B0d 59-111 3128!Kvof!41 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvsot* 3-111
Cz!Csbodi!Efcupst!B0d 3:-311
59-111 59-111
Kvmz!2 Up!Cbmbodf!c0e 27-911
Dr. Madras Branch Adjustment Account Cr.
3128!Kvof!41 Up!Tupdl!Sftfswf!B0d!)Opuf!3* 5-311 3128!Kvof!41 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!2* 22-611
Up!Csbodi!Qspgju!'!Mptt!B0d 8-411
22-611 22-611

3128!Kvof!41 Up!Csbodi!Tupdl!B0d 3-111 3128!Kbo/!2 Cz!Csbodi!Tupdl!B0d 59-111
Up!Csbodi!Bekvtunfou!B0d!)Ofu!mpbejoh* 22-611
Up!Qvsdibtft!B0d!)Usbotgfs* 45-611
59-111 59-111
Xpsljoh!Opuft;!
)2*!Mpbejoh!po!hppet!tfou!)ofu*!;!Mpbejoh!jo!44204!po!dptu!cvu!uif!hjwfo!ebub!bsf!sfmbufe!up!jowpjdf!qsjdf/!Uivt-!jg!dptu!jt!!211-!uif
jowpjdf!qsjdf!xjmm!cf!)!211!,!44204*!>!!244204/!Ifodf-!mpbejoh!po!jowpjdf!qsjdf!>!44204!0!244204!>!205!ps!36&/!Uifsfgpsf-!mpbejoh!po
ofu!hppet!tfou!)bgufs!sfuvso*!>!205!)!59-111!Ï!!3-111*!>!!22-611/
)3* Mpbejoh!po!Dmptjoh!tupdl!>!205!x!!27-911!>!!5-311/
Uvupsjbm!Opuf;!Xifsf!op!tfqbsbuf!Csbodi!Qspgju!boe!Mptt!Bddpvou!jt!pqfofe-!uif!Csbodi!Bekvtunfou!Bddpvou!xjmm!ejtdmptf!uif!csbodi
qspgju!ps!mptt/
Illustration 17
C!Mue!pg!Lboqvs!ibt!b!csbodi!jo!Bncbmb/!Hppet!tfou!up!csbodi!bsf!jowpjdfe!bu!tfmmjoh!qsjdf-!j/f/-!dptu!qmvt!44204&/!Gspn
uif!gpmmpxjoh!qbsujdvmbst-!zpv!bsf!sfrvjsfe!up!qsfqbsf!uif!Csbodi!Tupdl!Bddpvou!boe!Csbodi!Bekvtunfou!Bddpvou!bt!uifz
xpvme!bqqfbs!jo!uif!ifbe!pggjdf!cpplt/! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
Tupdl!po!12/15/3128!bu!jowpjdf!qsjdf 26-111
Tupdl!po!42/14/3129!bu!jowpjdf!qsjdf 23-111
Hppet!tfou!up!Bncbmb!evsjoh!uif!zfbs!bu!jowpjdf!qsjdf 2-11-111
Tbmft!bu!csbodi!;
Po!Dsfeju 43-111
Gps!Dbti 86-111
Sfuvsot!up!ifbe!pggjdf!bu!jowpjdf!qsjdf 6-111
Jowpjdf!wbmvf!pg!hppet!mptu!cz!gjsf!opu!dpwfsfe!cz!Jotvsbodf 2-111
Solution In the books of B Ltd., (H.O.)

Dr. Ambala Branch Stock Account Cr.
3128!Bqs!2 Up!Cbmbodf!c0e 26-111 3129!Nbs!42 Cz!Hppet!Tfou!up!Csbodi!)Sfuvsot* 6-111
3129!Nbs!42 Up!Hppet!Tfou!up!Csbodi 2-11-111 !!!!# Cz!Dbti!B0d!)Dbti!Tbmft* 86-111
#! ! ! ! ! Up!Csbodi!Bekvtunfou!B0d!)Tvsqmvt* 21-111 !!!!# Cz!Csbodi!Efcupst!B0d!)Dsfeju!Tbmft* 43-111
!!!!# Cz!Hppet!Mptu!cz!Gjsf!B0d!)Opuf!5* 2-111
!!!!# Cz!Cbmbodf!d0e 23-111
2-36-111 2-36-111
Dr. Ambala Branch Adjustment Account Cr.

3129!Nbs!42 Up!Hppet!Tfou!up!Csbodi!B0d!)Opuf!4* 2-361 3128!Bqs!2 Cz!Tupdl!Sftfswf!B0d!)Opuf!2* 4-861
#! ! ! ! ! Up!Hppet!Mptu!cz!Gjsf!B0d!)Opuf!5* 361 3129!Nbs!42 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 36-111
#! ! ! ! ! Up!Tupdl!Sftfswf!B0d! 4-111 !!!!# Cz!Csbodi!Tupdl!B0d!)Tvsqmvt*!)Opuf!7* 21-111
)Mpbejoh!po!Dmptjoh!Tupdl*
! ! ! !# Up!Hfofsbm!Qspgju!'!Mptt!B0d!)Opuf!6* 45-361
49-861 49-861
Xpsljoh!Opuft!;
)2*!Hppet!bsf!tfou!bu!dptu!,!44204&/!Uifsfgpsf-!uif!mpbejoh!jt!36&!pg!Jowpjdf!Qsjdf/!Mpbejoh!po!pqfojoh!tupdl!>!36&!pg!!26-111!>
!4-861/
)3*!Mpbejoh!po!hppet!tfou!>!36&!pg!!2-11-111!>!!36-111/
)4*!Mpbejoh!po!hppet!sfuvsofe!>!36&!pg!!6-111!>!!2-361/
)5*!Mpbejoh!po!hppet!mptu!cz!gjsf!>!36&!pg!!2-111!>!!361/
)6*!Dptu!pg!hppet!mptu!cz!gjsf!)!2-111!Ï!361*!>!!861!tipvme!opu!cf!dibshfe!up!Csbodi!bt!ju!jt!bo!bcopsnbm!mptt/
)7*!Op!tfqbsbuf!Csbodi!Qspgju!boe!Mptt!Bddpvou!ibt!cffo!btlfe!up!qsfqbsf/!Uifsfgpsf-!foujsf!tvsqmvt!ibt!cffo!dsfejufe!up!Csbodi
Bekvtunfou!Bddpvou/
Illustration 18
CU!Mue/!tfoet!hppet!up!uif!Difoobj!Csbodi!bu!dptu!qmvt!36&!po!dptu/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!zpv!bsf!sfrvjsfe!up
tipx!uif!Csbodi!Tupdl!Bddpvou-!Csbodi!Tupdl!Bekvtunfou!Bddpvou!boe!Csbodi!Qspgju!boe!Mptt!Bddpvou!jo!uif!ifbe!pggjdf
cpplt;
Pqfojoh!tupdl!bu!csbodi!bu!jowpjdf!qsjdf 31-111
Hppet!tfou!up!csbodi!bu!jowpjdf!qsjdf 91-111
Mptt.jo.usbotju!bu!jowpjdf!qsjdf 21-111
Qjmgfsbhf!bu!jowpjdf!qsjdf 5-111
Tbmft 2-33-111
Fyqfotft 43-111
Dmptjoh!tupdl!bu!csbodi!bu!jowpjdf!qsjdf 35-111
Sfdpwfsfe!gspn!jotvsbodf!dpnqboz!bhbjotu!mptt.jo.usbotju 7-111
Solution In the books of BT Ltd., (H.O.)
Dr. Chennai Branch Stock Account Cr.
Up!Cbmbodf!c0e 31-111 Cz!Hppet!Mptu!jo!Usbotju!B0d 21-111
Up!Hppet!Tfou!up!Csbodi!B0d 91-111 Cz!Qjmgfsbhf!B0d 5-111
Up!Tvsqmvt!jo!Tupdl!B0d 71-111 Cz!Tbmft!B0d 2-33-111
2-71-111 2-71-111
Dr. Chennai Branch Adjustment Account Cr.

Up!Hppet!Mptu!jo!Usbotju!B0d!)Opuf!4* 3-111 Cz!Tupdl!Sftfswf!B0d! 5-111
Up!Qjmgfsbhf!B0d!)Opuf!3* 911 ! ! ! )Mpbejoh!po!pqfojoh!tupdl*
Up!Tupdl!Sftfswf!B0d 5-911 Cz!Hppet!Tfou!up!Csbodi!B0d!)Mpbejoh* 27-111
Up!Difoobj!Csbodi!Qspgju!'!Mptt!B0d 35-511 Cz!Tvtqmvt!jo!Tupdl!B0d 23-111
43-111 43-111
Dr. Chennai Branch Profit and Loss Account Cr.

Up!Qjmgfsbhf!B0d 4-311 Cz!Tvsqmvt!jo!Tupdl!B0d 59-111
Up!Csbodi!Fyqfotft!B0d 43-111 Cz!Difoobj!Csbodi!Bekvtunfou!B0d 35-511
Up!Hfofsbm!Qspgju!boe!Mptt!B0d!)Qspgju* 48-311
85-511 83-511
Dr. Surplus in Stock Account Cr.

Up!Difoobj!Csbodi!Bekvtunfou!B0d!)Opuf!2* 23-111 Cz!Difoobj!Csbodi!Tupdl!B0d 71-111
Up!Difoobj!Csbodi!Qspgju!'!Mptt!B0d!)Opuf!2* 59-111
71-111 71-111
Xpsljoh!Opuft!;
)2* Tvsqmvt!jo!tupdl!sfqsftfout!fydftt!sfbmjtbujpo!gspn!tbmft!cz!tfmmjoh!hppet!bcpwf!uif!gjyfe!qsjdf!)j/f/-!dptu!,!36&!qspgju*/!Xifo
Csbodi!Bekvtunfou!Bddpvou!boe!Csbodi!Qspgju!boe!Mptt!Bddpvou!bsf!qsfqbsfe!tfqbsbufmz-!mpbejoh!po!tvsqmvt!jt!dsfejufe!up!Csbodi
Bekvtunfou!Bddpvou!boe!uif!cbmbodf!pg!uif!tvsqmvt!jt!dsfejufe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/!Ipxfwfs-!xifo!pomz!Csbodi
Bekvtunfou!Bddpvou!jt!qsfqbsfe-!uif!foujsf!tvsqmvt!jt!dsfejufe!up!Csbodi!Bekvtunfou!Bddpvou!)Tff!Jmmvtusbujpo!28*/
)3* Mpbejoh!po!qjmgfsbhf!>!36&!pg!!5-111!>!!2-111/!Uif!mpbejoh!jt!dibshfe!up!Csbodi!Bekvtunfou!Bddpvou/!Uif!dptu!pg!hppet
qjmgfsfe!!4-111!)!5-111!Ï!!2-111*-!ipxfwfs-!jt!up!cf!dibshfe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/!Hfofsbmmz-!qjmgfsbhf!jt!usfbufe
bt!opsnbm!mptt!boe!uibu!jt!xiz!ju!jt!dibshfe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou!\Opu!Hfofsbm!Qspgju!boe!Mptt!Bddpvou^/
)4* Mpbejoh!po!hppet!mptu.jo.usbotju!>!36&!pg!!21-111!>! !3-611/!Uif!mpbejoh!po!hppet!mptu.jo.usbotju!jt!dibshfe!up!Csbodi!Bekvtunfou
Bddpvou/!Uif!ofu!dptu!pg!hppet!mptu!jo!usbotju!!3-111!)Opuf!5*!tipvme!cf!dibshfe!up!Hfofsbm!Qspgju!boe!Mptt!Bddpvou!cfjoh!bcopsnbm
jo!obuvsf/
Dr. (4) Goods Lost-in-Transit Account Cr.
Up!Difoobj!Csbodi!Tupdl!B0d! 21-111 Cz!Difoobj!Csbodi!Bekvtunfou!B0d!)Mpbejoh* 3-111
Cz!Cbol!B0d!)dmbjn!sfdfjwfe* 7-111
Cz!Hfofsbm!Qspgju!boe!Mptt!B0d 3-111
21-111 21-111
Illustration 19
Sbn!Mjnjufe!pg!Difoobj!ibt!b!csbodi!bu!Obhqvs!up!xijdi!pggjdf-!hppet!bsf!jowpjdfe!bu!dptu!qmvt!36&/!Uif!csbodi!nblft
tbmft!cpui!cz!dbti!boe!po!dsfeju/!Csbodi!fyqfotft!bsf!qbje!ejsfdu!gspn!Ifbe!Pggjdf!boe!uif!csbodi!ibt!up!sfnju!bmm!dbti
sfdfjwfe!joup!uif!Ifbe!Pggjdf!Cbol!Bddpvou!bu!Obhqvs/
Gspn!uif!gpmmpxjoh!efubjmt-!sfmbujoh!up!uif!zfbs!3128-!qsfqbsf!uif!bddpvout!jo!Ifbe!Pggjdf!Mfehfs!boe!btdfsubjo!Csbodi
Qspgju!bt!qfs!tupdl!boe!efcupst!nfuipe/!Csbodi!epft!opu!nbjoubjo!boz!cpplt!pg!bddpvout-!cvu!tfoet!xfflmz!sfuvsot!up!ifbe
pggjdf!;
Qbsujdvmbst
Hppet!Sfdfjwfe!gspn!Ifbe!Pggjdf!bu!jowpjdf!qsjdf 2-31-111
Sfuvsot!up!Ifbe!Pggjdf!bu!jowpjdf!qsjdf 3-511
Tupdl!bu!Obhqvs!Csbodi!po!2/2/3128!bu!jowpjdf!qsjdf 23-111
Tbmft!evsjoh!uif!zfbs!Ð!Dbti 51-111
! ! ! ! ! ! ! ! ! ! ! ! ! ! Dsfeju 83-111
Efcupst!bu!Obhqvs!csbodi!bt!bu!2/2/3128 25-511
Dbti!sfdfjwfe!gspn!Efcupst 75-111
Ejtdpvout!bmmpxfe!up!Efcupst 2-311
Cbe!Efcut!evsjoh!uif!zfbs 911
Tbmft!Sfuvsot!bu!Obhqvs!csbodi 2-711
Tbmbsjft!boe!Xbhft!bu!Csbodi 23-111
Sfou-!Sbuft!boe!Ubyft!bu!Csbodi 4-711
Pggjdf!Fyqfotft!bu!Obhqvs!Csbodi 2-311
Tupdl!bu!Csbodi!po!42/23/3128!bu!jowpjdf!qsjdf 35-111
Solution In the books of Ram Limited (H.O.)

Dr. Nagpur Branch Stock Account Cr.
3128 3128
Kbo/!2 Up!Cbmbodf!c0e 23-111 Efd/!42 Cz!Cbol!B0d!)Dbti!Tbmft* 51-111
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 2-31-111 Cz!Csbodi!Efcupst!B0d!)Dsfeju!Tbmft* 83-111
Up!Csbodi!Efcupst!B0d! 2-711 Cz!Hppet!Tfou!up!Csbodi!B0d! 3-511
! ! )Sfuvsot!cz!dvtupnfst* ! ! )Sfuvso!cz!csbodi*
Up!Csbodi!Bekvtunfou!B0d 5-911 Cz!Cbmbodf!d0e 35-111
! ! )Tvsqmvt!pwfs!Jowpjdf!Qsjdf*
2-49-511 2-49-511
Dr. Nagpur Branch Adjustment Account Cr.
3128 3128
Efd/!42 Up!Tupdl!Sftfswf!B0d!)Opuf!4* 5-911 Kbo/!2 Cz!Tupdl!Sftfswf!B0d!)Opuf!2* 3-511
Up!Hsptt!Qspgju!d0e 36-:31 Efd/!42 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 34-631
! ! )Usbotgfssfe!up!Csbodi!Q0M!Bddpvou* Cz!Csbodi!Tupdl!B0d!)Tvsqmvt* 5-911
41-831 41-831
Dr. Nagpur Branch Profit and Loss Account Cr.
3128 Up!Csbodi!Fyqfotft!B0d 29-911 3128 Cz!Hsptt!Qspgju!c0e 36-:31
Efd/!42 Up!Hfofsbm!Qspgju!boe!Mptt!B0d 8-231 Efd/!42
36-:31 36-:31
Dr. Nagpur Branch Expenses Account Cr.

3128 3128
Efd/!2 Up!Cbol!B0d!)Sfou* 4-711 Efd/!42 Cz!Csbodi!Qspgju!boe!Mptt!B0d 29-911
Up!Cbol!B0d!)Tbmbsjft* 23-111
Up!Cbol!B0d!)Pggjdf!fyqfotft* 2-311
Up!Csbodi!Efcupst!B0d!)Cbe!Efcut* 911
Up!Csbodi!Efcupst!B0d! 2-311
! ! )Ejtdpvou!Bmmpxfe*
29-911 29-911
Dr. Nagpur Branch Debtors Account Cr.

3128 3128
Kbo/!2 Up!Cbmbodf!c0e 25-511 Efd/!42 Cz!Csbodi!Tupdl!B0d! 2-711
Up!Csbodi!Tupdl!B0d!)Dsfeju!Tbmft* 83-111 ! ! )Sfuvso!cz!dvtupnfst*
Cz!Cbol!B0d 75-111
Cz!Csbodi!Fyqfotft!B0d 3-111
! ! )Cbe!Efcut!boe!Ejtdpvou*
97-511 97-511
Dr. Goods Sent to Nagpur Branch Account Cr.

3128 Up!Csbodi!Tupdl!B0d!)Sfuvsofe* 3-511 3128 Cz!Csbodi!Tupdl!B0d
Efd/!42 Up!Csbodi!Bekvtunfou!B0d!)Mpbejoh* 34-631 Efd/!42 ! ! )Hppet!Tfou!up!Csbodi* 2-31-111
Up!Qvsdibtft!B0d :5-191
2-31-111 2-31-111
Xpsljoh!Opuft!;
)2* Tupdl!Sftfswf!po!Pqfojoh!Tupdl!;!Mpbejoh!jt!36&!pg!dptu-!j/f/-!31&!pg!jowpjdf!qsjdf/!Uifsfgpsf-!mpbejoh!po!pqfojoh!tupdl!>
31&!pg!!23-111!>!!3-511/
)3*!Mpbejoh!po!Hppet!Tfou!up!Csbodi!;!31&!pg!!2-28-711!)!2-31-111!Ï!3-511*!>!!34-631/
)4*!Mpbejoh!po!Dmptjoh!Tupdl!>!31&!pg!!35-111!>!!5-911/
Illustration 20
Y!Mue/!pg!Dbmdvuub!ibt!b!csbodi!bu!Efmij/!Hppet!bsf!jowpjdfe!up!uif!csbodift!bu!dptu!qmvt!44204&/!Uif!csbodi!sfnjut!bmm
dbti!sfdfjwfe!up!uif!ifbe!pggjdf!boe!bmm!fyqfotft!bsf!qbje!cz!uif!ifbe!pggjdf/!Gspn!uif!gpmmpxjoh!qbsujdvmbst!qsfqbsf!Csbodi
Tupdl!Bddpvou-!Csbodi!Bekvtunfou!Bddpvou-!Csbodi!EfcupstÔ!Bddpvou!boe!Csbodi!Qspgju!boe!Mptt!Bddpvou!jo!uif!cpplt
pg!uif!ifbe!pggjdf!)bmm!gjhvsft!jo!*!;
Csbodi!Efcupst!po!2/2/3128 7-111 Dbti!sfdfjwfe!gspn!Efcupst 68-711
Csbodi!Tupdl!po!2/2/3128!)Jowpjdf!qsjdf* 3-511 Ejtdpvou!bmmpxfe!up!Efcupst 2-511
Tbmft!;!Dbti 4-111 Cbe!efcut 411
! ! ! ! !Dsfeju 71-111 Csbodi!fyqfotft!qbje!cz!I/P/ 26-111
Hppet!gspn!ifbe!pggjdf!)Jowpjdf!qsjdf* 83-111 Csbodi!tupdl!po!42/23/3128!)Jowpjdf!qsjdf* 22-511
Solution In the books of X Ltd., (H.O.)
3128!Kbo/!2 Up!Cbmbodf!c0e 3-511 3128!Efd/!42 Cz!Cbol!B0d!)Dbti!tbmft* 4-111
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 83-111 Cz!Csbodi!Efcupst!B0d 71-111
85-511 85-511
Dr. Branch Adjustment Account Cr.
3128!Efd/!42 Up!Tupdl!Sftfswf!B0d!)Opuf!4* 3-961 3128!Efd/!42 Cz!Tupdl!Sftfswf!B0d!)Opuf!2* 711
Up!Hsptt!Qspgju!d0e 26-861 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 29-111
)Usbotgfssfe!up!Csbodi!Qspgju!'!Mptt!B0d*
29-711 29-711
3128!Kbo/!2 Up!Cbmbodf!c0e 7-111 3128!Efd/!42 Cz!Cbol!B0d 68-711
Cz!Csbodi!Fyqfotft!B0d!;
Ejtdpvou!bmmpxfe 2-511
Cbe!efcut 411
Efd/!42 Up!Csbodi!Tupdl!B0d 71-111 Cz!Cbmbodf!d0e 7-811
77-111 77-111
Dr. Branch Profit & Loss Account Cr.

3128!Efd/!42 Up!Csbodi!Fyqfotft!B0d; 3128!Efd/!42 Cz!Hsptt!Qspgju!c0e 26-861
Ejtdpvou!bmmpxfe 2-511 Cz!Hfofsbm!Qspgju!'!Mptt!B0d!)Mptt* :61
Cbe!efcut 411
Dbti!fyqfotft 26-111
27-811 27-811
Xpsljoh!Opuft;
)2* Tupdl!sftfswf!po!pqfojoh!tupdl!;!Mpbejoh!jt!442 0 4 ! po! dptu-! j/f/-! 44 2 0 4 ! &0! 244 2 0 4 ! &! ps!205!pg!jowpjdf!qsjdf/! Uifsfgpsf-
mpbejoh!po!pqfojoh!tupdl!>!205!x! !3-511!>! !711/
)3* Mpbejoh!po!hppet!tfou!;!205!pg!!83-111!>!!29-111/! ! )4*!Mpbejoh!po!dmptjoh!tupdl!;!205!pg!!22-511!>!!3-961/
Uvspujbm!Opuf;!Xifo!b!tfqbsbuf!Csbodi!Qspgju!boe!Mptt!Bddpvou!jt!pqfofe-!Csbodi!Bekvtunfou!Bddpvou!xjmm!tipx!hsptt!qspgju!boe
Csbodi!Qspgju!boe!Mptt!Bddpvou!xjmm!tipx!ofu!qspgju!pg!uif!csbodi/
Illustration 21
B!Dbmdvuub!gjsn!ibt!b!sfubjm!csbodi!bu!Eibocbe/!Bmm!hppet!bsf!tvqqmjfe!up!uif!csbodi!cz!uif!ifbe!pggjdf!xijdi!jowpjdft!uif
hppet!bu!uif!tfmmjoh!qsjdf!xijdi!jt!dbmdvmbufe!bu!dptu!qmvt!36!qfs!dfou/!Bmm!fyqfotft!jodvssfe!cz!uif!csbodi!bsf!qbje!pvu!pg
bo!jnqsftu!bddpvou!pg!!!21-111!xijdi!jt!sfqmfojtife!cz!uif!ifbe!pggjdf!fwfsz!xffl/!Bmm!dpmmfdujpot!cz!uif!csbodi!bsf
cbolfe!joubdu!up!uif!dsfeju!pg!uif!ifbe!pggjdf/!Uif!csbodi!nbjoubjot!op!cpplt!pg!bddpvou!fydfqu!b!nfnpsboevn!efcupst
mfehfs/!Qiztjdbm!wfsjgjdbujpo!pg!tupdl!bu!uif!csbodi!jt!epof!boovbmmz!boe!uif!ejggfsfodf!cfuxffo!uif!bduvbm!tupdl!boe!uif
cppl!cbmbodf!jt!bekvtufe/!)gjhvsft!jo!*
Csbodi!Efcupst!B0d!)Kbo/!2* 36-111 Dbti!dpmmfdujpot!bu!Cs/!)jodmvejoh!dbti!tbmft!pg!!96-111* 3-96-111
Csbodi!Tupdl!B0d!)bu!Jowpjdf!wbmvf!Ð!Kbo/!2* 91-111 Ejtdpvout!bmmpxfe!up!efcupst 21-111
Dbti!bu!Csbodi 21-111 Dsfeju!tbmft!bu!Csbodi 3-51-111
Hppet!tfou!up!Csbodi!)bu!Jowpjdf!wbmvf* 4-11-111 Bnpvou!tfou!up!Csbodi!gps!fyqfotft 47-111
Bt!bu!42tu!Efdfncfs-!3128-!uif!csbodi!ibe!dbti!po!iboe!sfqsftfoujoh!votqfou!jnqsftu!pg!!9-111/!Uif!tupdl!po!iboe
po!42tu!Efdfncfs-!3128!wbmvfe!bu!jowpjdf!wbmvf!xbt!!54-111/
Qsfqbsf!uif!gpmmpxjoh!bddpvout!bt!bqqfbsjoh!jo!uif!cpplt!pg!uif!ifbe!pggjdf;!)b*!Csbodi!Tupdl!Bddpvou<!)c*!Csbodi
Bekvtunfou!Bddpvou<!)d*!Csbodi!Efcupst!Bddpvou<!boe-!)e*!Csbodi!Qspgju!boe!Mptt!Bddpvou/
Solution In the books of Head Offce (Calcutta)
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 4-11-111 Cz!Csbodi!Efcupst!B0d 3-51-111
Cz!Tipsubhf!jo!Tupdl!B0d 23-111
4-91-111 4-91-111
3128!Efd/!42 Up!Tupdl!Sftfswf!B0d!)Opuf!7* 9-711 3128!Efd/!42 Cz!Tupdl!Sftfswf!B0d!)Opuf!5* 27-111
Up!Tipsubhf!jo!Tupdl!B0d!)Opuf!4* 3-511 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!6* 71-111
Up!Hsptt!Qspgju!d0e 76-111
87-111 87-111
3128!Kbo/!2 Up!Cbmbodf!c0e 36-111 3128!Efd/!42 Cz!Cbol!B0d!!)3-96-111!Ï!96-111* 3-11-111
Efd/!42 Up!Csbodi!Tupdl!B0d 3-51-111 Cz!Cs/!Fyqfotft!B0d!)Ejtdpvou!bmmpxfe* 21-111
3-76-111 3-76-111
3128!Efd/!42 Up!Csbodi!Fyqfotft!B0d!)Opuf!2* 59-111 3128!Efd/!42 Cz!Hsptt!Qspgju!c0e 76-111
Up!Tipsubhf!jo!Tupdl!B0d!)Opuf!4* :-711
76-111 76-111
Working Notes:
Dr. (1) Branch Expenses Account Cr.
3128!Efd/!42 Up!Csbodi!Efcupst!B0d 21-111 3128!Efd/!42 Cz!Csbodi!Q0M!B0d 59-111
Up!Csbodi!Qfuuz!Dbti!B0d 49-111
59-111 59-111

3128!Kbo/!2 Up!Cbmbodf!c0e 21-111 3128!Efd/!42 Cz!Csbodi!Fyqfotft!B0d!)Cbmbodjoh!gjhvsf* 49-111
Efd/!42 Up!Cbol!B0d!)Sfnjuubodf!gps!fyqfotft* 47-111 Cz!Cbmbodf!d0e 9-111
57-111 57-111
Dr. (3) Shortage in Stock Account Cr.

3128!Efd/!42 Up!Csbodi!Tupdl!B0d 23-111 3128!Efd/!42 Cz!Csbodi!Bekvtunfou!B0d!)Mpbejoh* 3-511
Cz!Csbodi!Qspgju!'!Mptt!B0d!)Dptu* :-711
23-111 23-111
Uvupsjbm!Opuf;!Tipsubhf!jo!tupdl!nbz!cf!evf!up!ejggfsfou!sfbtpot-!f/h/-!tipqmjgujoh-!opsnbm!mptt-!fud/!Mpbejoh!po!tipsubhf!jo!tupdl!)206
pg!!23-111!>!!3-511*!jt!up!cf!dibshfe!up!Csbodi!Bekvtunfou!Bddpvou!boe!dptu!pg!tipsubhf!)506!pg!!23-111!>!!:-711*!jt!up!cf!dibshfe
up!Csbodi!Qspgju!boe!Mptt!Bddpvou!bttvnjoh!uibu!ju!jt!opsnbm!jo!obuvsf/
)5* Mpbejoh!po!pqfojoh!tupdl!jt!206!pg!!91-111!>!!27-111/
)6* Mpbejoh!po!hppet!tfou!up!csbodi!jt!206!pg!!4-11-111!>!!71-111/
)7* Mpbejoh!po!dmptjoh!tupdl!>!206!pg!!54-111!>!!9-711/
Illustration 22
Nbsvuj!Mue/!ibt!b!csbodi!bu!Mvdlopx/!Hppet!bsf!jowpjdfe!gspn!ifbe!pggjdf!bu!dptu!qmvt!61&/!Csbodi!sfnjut!bmm!dbti!sfdfjwfe
up!ifbe!pggjdf!boe!bmm!fyqfotft!bsf!nfu!cz!ifbe!pggjdf/
Qsfqbsf!)j*!Mvdlopx!Csbodi!Bddpvou<!)jj*!Tvsqmvt!jo!Tupdl!Bddpvou<!)jjj*!Mvdlopx!Csbodi!Efcupst!Bddpvou<!)jw*
Hppet!Tfou!up!Csbodi!Bddpvou<!)w*!Tupdl!Sftfswf!Bddpvou<!)wj*!Mvdlopx!Csbodi!Bekvtunfou!Bddpvou<!)wjj*!Mvdlopx
Csbodi!Fyqfotft!Bddpvou<!boe-!)wjjj*!Mvdlopx!Csbodi!Qspgju!boe!Mptt!Bddpvou!jo!uif!cpplt!pg!Nbsvuj!Mue/!voefs!Tupdl
boe!Efcupst!tztufn!up!tipx!qspgju!fbsofe!bu!uif!csbodi!gspn!uif!gpmmpxjoh;!)bmm!gjhvsft!jo!*
Tupdl!po!2tu!Bqsjm!3128!)Jowpjdf!qsjdf* 26-711 Dbti!dpmmfdufe!gspn!Efcupst 3:-911
Efcupst!po!2tu!Bqsjm!3128 9-811 Hppet!sfuvsofe!cz!Efcupst 2-611
Hppet!jowpjdfe!bu!dptu!evsjoh!uif!zfbs 47-111 Tvsqmvt!jo!tupdl!)Jowpjdf!qsjdf* 411
Tbmft!bu!Csbodi!;!Dbti!tbmft 46-111 Ejtdpvou!bmmpxfe!cz!Efcupst 461
! ! ! ! ! Dsfeju!tbmft 41-211 Fyqfotft!bu!Csbodi 7-811
Solution In the books of Maruti Ltd.

Dr. Lucknow Branch Stock Account Cr.
2/5/3128 Up!Cbmbodf!c0e 26-711 42/4/3129 Cz!Cbol!B0d!)Dbti!tbmft* 46-111
42/4/3129 Up!Hppet!Tfou!up!Csbodi!B0d!)Opuf!2* 65-111 Cz!Mvdlopx!Cs/!Efcupst!B0d!)Dsfeju!tbmft* 41-211
Up!Mvdlopx!Cs/!Efcupst!B0d!)Sfuvsot* 2-611 Cz!Cbmbodf!d0e 7-411
Up!Tvsqmvt!jo!Tupdl!B0d 411
82-511 82-511

42/4/3129 Up!Csbodi!Bekvtunfou!B0d!)Mpbejoh* 211 42/4/3129 Cz!Mvdlopx!Cs/!Tupdl!B0d 411
Up!Csbodi!Qspgju!'!Mptt!B0d!)Dptu* 311
411 411
Dr. Lucknow Branch Debtors Account Cr.

2/5/3128 Up!Cbmbodf!c0e 9-811 42/4/3129 Cz!Cbol!B0d 3:-911
42/4/3129 Up!Mvdlopx!Cs/!Tupdl!B0d!)Dsfeju!tbmft* 41-211 Cz!Mvdlopx!Cs/!Tupdl!B0d!)Tbmft!sfuvsot* 2-611
Cz!Cs/!Fyqfotft!B0d!)Ejtdpvou!bmmpxfe* 461
49-911 49-911
42/4/3129 Up!Csbodi!Bekvtunfou!B0d!)Opuf!2* 29-111 42/4/3129 Cz!Mvdlopx!Cs/!Tupdl!B0d 65-111
Up!Qvsdibtft!B0d!)Usbotgfssfe* 47-111
65-111 65-111
Dr. Stock Reserve Account Cr.
42/4/3129 Up!Csbodi!Bekvtunfou!B0d!)Usbotgfssfe* 6-311 2/5/3128 Cz!Cbmbodf!c0e!)Mpbejoh!po!pqfojoh!tupdl* 6-311
Up!Cbmbodf!d0e 3-211 42/4/3129 Cz!Csbodi!Bekvtunfou!B0d 3-211
! ! )Mpbejoh!po!dmptjoh!tupdl*
8-411 8-411
Dr. Lucknow Branch Adjustment Account Cr.

42/4/3129 Up!Tupdl!Sftfswf!B0d 3-211 42/4/3129 Cz!Tupdl!Sftfswf!B0d 6-311
! ! )Mpbejoh!po!dmptjoh!tupdl* ! ! )Mpbejoh!po!pqfojoh!tupdl*
Up!Hsptt!Qspgju!d0e 32-311 Cz!Hppet!Tfou!up!Csbodi!B0d 29-111
! ! )Usbotgfssfe!up!Csbodi!B0d* ! ! )Mpbejoh!po!hppet!tfou*
Cz!Tvsqmvt!jo!Tupdl!B0d!)Mpbejoh* 211
34-411 34-411
Dr. Lucknow Branch Expenses Account Cr.

42/4/3129 Up!Cbol!B0d 7-811 42/4/3129 Cz!Mvdlopx!Csbodi!Qspgju!'!Mptt!B0d 8-161
Up!Mvdlopx!Csbodi!Efcupst!B0d 461
! ! )Ejtdpvou!bmmpxfe*
8-161 8-161
Dr. Lucknow Branch Profit and Loss Account Cr.
42/4/3129 Up!Tvoesz!Fyqfotft 8-161 42/4/3129 Cz!Hsptt!Qspgju!c0e 32-311
Up!Ofu!Qspgju 25-461 Cz!Tvsqmvt!jo!Tupdl!B0d 311
)Usbotgfssfe!up!Hfofsbm!Qspgju!'!Mptt!B0d*
32-511 32-511
Working Notes:
)2*!Jowpjdf!Qsjdf!pg!Hppet!Tfou )3*!Mpbejoh!po!Pqfojoh!Tupdl
Dptu!pg!hppet!tfou 47-111 Mpbejoh!jt!61&!pg!dptu-!j/f/-!610261!ps!204!pg!jowpjdf!qsjdf/!Uifsfgpsf-
Bee;!Mpbejoh!61&!pg!dptu 29-111 mpbejoh!po!pqfojoh!tupdl!>!!26-71104!>!!6-311/
65-111
)4*!Mpbejoh!po!Dmptjoh!Tupdl!>!204!pg!!7-411!>!!3-211/
Uvupsjbm!Opuf;!#Mpbejoh#!pg!tvsqmvt!jo!tupdl!)!211*!jt!up!cf!dsfejufe!up!Csbodi!Bekvtunfou!Bddpvou!boe!#Dptu#!pg!tvsqmvt!jo!tupdl
)!311*!jt!up!cf!dsfejufe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
Illustration 23
Sfe!boe!Dp/!pg!Nvncbj!tubsufe!b!csbodi!bu!Cbohbmpsf!po!2/5/3128!up!xijdi!hppet!xfsf!tfou!bu!31&!bcpwf!dptu/!Uif!csbodi
nblft!cpui!dbti!tbmft!boe!dsfeju!tbmft/!Csbodi!fyqfotft!bsf!nfu!gspn!csbodi!dbti!boe!cbmbodf!npofz!sfuvsofe!up!I/P/
Uif!csbodi!epft!opu!nbjoubjo!epvcmf!fousz!cpplt!pg!bddpvou!boe!ofdfttbsz!bddpvout!sfmbujoh!up!csbodi!bsf!nbjoubjofe!cz
I/P/!Gpmmpxjoh!gvsuifs!efubjmt!bsf!hjwfo!gps!uif!zfbs!foejoh!po!42/4/3129;

Dptu!pg!Hppet!Tfou!up!Csbodi 2-11-111
Hppet!Sfdfjwfe!cz!Csbodi!ujmm!42/4/3129!bu!jowpjdf!qsjdf 2-19-111
Dsfeju!Tbmft!gps!uif!zfbs 2-27-111
Dmptjoh!Efcupst!po!42/4/3129 52-711
Cbe!Efcut!xsjuufo!pgg!evsjoh!uif!zfbs 511
Dbti!sfnjuufe!up!I/P/ 97-111
Dmptjoh!Dbti!po!Iboe!bu!Csbodi!po!42/4/3129 5-111
Dbti!Sfnjuufe!cz!I/P/!up!Csbodi!evsjoh!uif!zfbs 7-111
Dmptjoh!Tupdl!jo!Iboe!bu!Csbodi!bu!jowpjdf!qsjdf 23-111
Fyqfotft!jodvssfe!bu!Csbodi 35-111
Esbx!vq!uif!ofdfttbsz!mfehfs!bddpvout!mjlf!Csbodi!Efcupst!Bddpvou-!Csbodi!Tupdl!Bddpvou-!Hppet!Tfou!up!Csbodi
Bddpvou-!Csbodi!Dbti!Bddpvou-!Csbodi!Fyqfotft!Bddpvou!boe!Csbodi!Bekvtunfou!Bddpvou!gps!btdfsubjojoh!hsptt!qspgju
boe!Csbodi!Qspgju!boe!Mptt!Bddpvou!gps!btdfsubjojoh!csbodi!qspgju/
Solution In the books of Red and Co.
3129!Nbs!42 Up!Csbodi!Tupdl!B0d 2-27-111 3129!Nbs!42 Cz!Csbodi!Dbti!B0d!)Cbmbodjoh!gjhvsf* 85-111
Cz!Cbe!Efcut 511
2-27-111 2-27-111

3129!Nbs!42 Up!Hppet!Tfou!up!Csbodi!B0d 2-31-111 3129!Nbs!42 Cz!Csbodi!Efcupst!B0d! 2-27-111
Up!Csbodi!Bekvtunfou!B0d!)Opuf!4* 65-111 Cz!Csbodi!Dbti!B0d 45-111
Cz!Hppet!jo!Usbotju!)Opuf!3* 23-111
2-85-111 2-85-111

3129!Nbs!42 Up!Csbodi!Bekvtunfou!B0d!)Opuf!2* 31-111 3129!Nbs!42 Cz!Csbodi!Tupdl!B0d 2-31-111
!!!!!# Cz!Qvsdibtft!0!Usbejoh!B0d 2-11-111
2-31-111 2-31-111
Dr. Branch Cash Account Cr.

3129!Nbs!42 Up!Efcupst!B0d 85-111 3129!Nbs!42 Cz!Csbodi!Fyqfotft!B0d 35-111
!!!!!# Up!I/P/!)Sfnjuubodf!gspn!I/P/* 7-111 !!!!!# Cz!I/P/!)Dbti!sfnjuufe* 97-111
!!!!!# Up!Csbodi!Tupdl!B0d! !!!!!# Cz!Cbmbodf!d0e 5-111
! ! )Dbti!Tbmft!Ð!Cbmbodjoh!gjhvsf* 45-111
2-25-111 2-25-111

3129!Nbs!42 Up!Csbodi!Dbti!B0d 35-111 3129!Nbs!42 Cz!Csbodi!Qspgju!boe!Mptt!B0d 35-511
!!!!!# Up!Cbe!Efcut!B0d 511
35-511 35-511
3129!Nbs!42 Up!Tupdl!Sftfswf!B0d!; 3129!Nbs!42 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!2* 31-111
jo!Iboe!)Opuf!5* 3-111 !!!!!# Cz!Csbodi!Tupdl!B0d!)Opuf!4* 65-111
jo!Usbotju!)Opuf!6* 3-111
!!!!!# Up!Csbodi!Qspgju!boe!Mptt!B0d 81-111
85-111 85-111

3129!Nbs!42 Up!Csbodi!Fyqfotft!B0d 35-511 3129!Nbs!42 Cz!Csbodi!Bekvtunfou!B0d 81-111
!!!!!# Up!Hfofsbm!Qspgju!boe!Mptt!B0d 56-711
81-111 81-111
Xpsljoh!Opuft!;
)2* Mpbejoh!po!Hppet!Tfou!>!!2-31-111!Ï!!2-11-111!>! !31-111/
)3* Hppet!jo!Usbotju!>!Jowpjdf!Qsjdf!pg!hppet!tfou!Ï!Jowpjdf!qsjdf!pg!hppet!sfdfjwfe!cz!uif!csbodi
! ! ! ! ! ! ! ! ! ! ! ! ! !!! >!!2-31-111!Ï!!2-19-111!>!!23-111!)bu!jowpjdf!qsjdf*/
)4* Tvsqmvt!jo!Csbodi!Tupdl!Bddpvou!sfqsftfout!fydftt!qsjdf!sfbmjtbujpo!pwfs!boe!bcpwf!uif!jowpjdf!qsjdf/
)5* Mpbejoh!po!dmptjoh!tupdl!>!207!pg!!23-111!>!!3-111/
)6* Mpbejoh!po!hppet!jo!usbotju!>!207!pg!!23-111!>!!3-111/
Illustration 24
Fbtufso! Difnjdbmt! Mue/! ibt! uxp! csbodift! bu! Cpncbz! boe! Obhqvs/! Hppet! bsf! jowpjdfe! up! csbodift! bu! dptu! qmvt! 61&/
Csbodift!sfnju!bmm!dbti!sfdfjwfe!up!uif!ifbe!pggjdf!boe! bmm!fyqfotft!bsf!bmtp!nfu!cz!ifbe!pggjdf/!Gspn!uif!gpmmpxjoh
qbsujdvmbst-!qsfqbsf!)j*!Csbodi!Tupdl!Bddpvou<!)jj*!Csbodi!Tupdl!Bekvtunfou!Bddpvou<!)jjj*!Csbodi!Efcupst!Bddpvou<!)jw*
Hppet!Tfou!up!Csbodi!Bddpvou<!boe-!)w*!Csbodi!Qspgju!boe!Mptt!Bddpvou!gps!uif!zfbs!foefe!42/23/3128;
Cpncbz!)* Obhqvs!)* Cpncbz!)* Obhqvs!)*
Tupdl!po!2/2/3128!)Jowpjdf!qsjdf* 29-711 42-311 Hppet!sfuvsofe!up!ifbe!pggjdf 4-111 Ð
Efcupst!po!2/2/3128 24-711 28-511 Usbotgfs!gspn!Obhqvs!up!Cpncbz 5-311 5-311
Hppet!jowpjdfe!)Dptu!qsjdf* 79-111 83-111 Tipsubhf!pg!tupdl :11 Ð
Dbti!tbmft 61-131 81-111 Tvsqmvt!jo!tupdl Ð 711
Dsfeju!tbmft 73-111 71-311 Ejtdpvou!bmmpxfe!up!dvtupnfst 511 811
Dpmmfdujpot!gspn!efcupst 71-911 6:-711 Fyqfotft!bu!csbodift 21-911 24-511
Sfuvsot!gspn!efcupst 3-511 4-111
Solution In the books of Eastern Chemicals Ltd.

Dr. Branch Stock Accounts Cr.
! ! Ebuf Qbsujdvmbst Cpncbz Obhqvs Ebuf Qbsujdvmbst Cpncbz Obhqvs
3128!Kbo/!2 Up!Cbmbodf!c0e 29-711 42-311 3128!Efd/!42 Cz!Cbol!B0d!)Dbti!tbmft* 61-131 81-111
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 2-13-111 2-19-111 Cz!Csbodi!Efcupst!B0d 73-111 71-311
Up!Csbodi!Efcupst!B0d 3-511 4-111 Cz!Hppet!Tfou!up!Cs/!B0d!)Sfuvsot* 4-111 Ð
Up!Hppet!Tfou!up!Csbodi!B0d 5-311 Ð Cz!Hppet!Tfou!up!Csbodi!B0d Ð 5-311
)Usbotgfs* )Usbotgfs*
Up!Tvsqmvt!jo!Tupdl!B0d Ð 711 Cz!Tipsubhf!jo!Tupdl!B0d :11 Ð
Cz!Cbmbodf!d0e 22-391 9-511
2-38-311 2-53-911 2-38-311 2-53-911
Dr. Branch Stock Adjustment Accounts Cr.
3128!Efd/!42 Up!Tipsubhf!jo!Tupdl!B0d!)Opuf!2* 411 Ð 3128!Efd/!42 Cz!Tupdl!Sftfswf!B0d 7-311 21-511
Up!Tupdl!Sftfswf!B0d 4-871 3-911 Cz!Hppet!tfou!up!Cs/!B0d!)Opuf!4* 45-511 45-711
Up!Hsptt!Qspgju!d0e 47-651 53-511 Cz!Tvsqmvt!jo!Tupdl!B0d!)Opuf!3* Ð 311
51-711 56-311 51-711 56-311

3128!Kbo/!2 Up!Cbmbodf!c0e 24-711 28-511 3128!Efd/!42 Cz!Cbol!B0d 71-911 6:-711
! !!@ Up!Csbodi!Tupdl!B0d 73-111 71-311 Cz!Csbodi!Tupdl!B0d 3-511 4-111
Cz!Csbodi!Fyq/!B0d!)Ejtd/!bmmpxfe* 511 811
Cz!Cbmbodf!d0e 23-111 25-411
86-711 88-711 86-711 88-711
Dr. Goods Sent to Branch Accounts Cr.

3128!Efd/!42 Up!Csbodi!Tupdl!B0d 4-111 Ð 3128!Efd/!42 Cz!Csbodi!Tupdl!B0d 2-13-111 2-19-111
Up!Csbodi!Tupdl!B0d Ð 5-311 Cz!Csbodi!Tupdl!B0d! 5-311 Ð
! )Usbotgfs* ! )Usbotgfs*
Up!Csbodi!Tupdl!Bek/!B0d!)Opuf!4* 45-511 45-711

Up!Qvsdibtft!B0d!)Usbotgfs* 79-911 7:-311
2-17-311 2-19-111 2-17-311 2-19-111
Dr. Branch Profit & Loss Accounts Cr.

3128!Efd/!42 Up!Csbodi!Fyqfotft!B0d!)Opuf!5* 22-311 25-211 3128!Efd/!42 Cz!Hsptt!Qspgju!c0e 47-651 53-511
Up!Tipsubhf.jo.tupdl!B0d 711 Ð Cz!Tvsqmvt!jo!Tupdl!B0d Ð 511
Up!Hfofsbm!Qspgju!'!Mptt!B0d 35-851 39-811
47-651 53-911 47-651 53-911
Working Notes :
Dr. (1) Shortage in Stock Accounts Cr.
3128!Efd/!42 Up!Csbodi!Tupdl!B0d :11 Ð 3128!Efd/!42 Cz!Csbodi!Tupdl!Bekvtunfou!B0d 411 Ð
Cz!Csbodi!Qspgju!'!Mptt!B0d 711 Ð
:11 Ð :11 Ð
Dr. (2) Surplus in Stock Account Cr.
3128!Efd/!42 Up!Csbodi!Tupdl!Bekvtunfou!B0d Ð 311 3128!Efd/!42 Cz!Csbodi!Tupdl!B0d Ð 711
Up!Csbodi!Qspgju!'!Mptt!B0d Ð 511
Ð 711 Ð 711
)4* Mpbejoh!po!ofu!hppet!tfou!jodmvejoh!usbotgfs!up!Cpncbz!csbodi;!Hppet!tfou!up!csbodi!)ejsfdu*!!2-13-111!qmvt!hppet!sfdfjwfe
gspn!!Obhqvs!! !5-311!Mftt!hppet!sfuvsofe!up!ifbe!pggjdf! !4-111/!Uifsfgpsf-!ofu!hppet!tfou!>! !2-14-311/!Mpbejoh!jt!204!pg
!2-14-311!>!!45-511/
Obhqvs!Csbodi;!Hppet!tfou!up!csbodi!ejsfdumz!!2-19-111!mftt!hppet!usbotgfssfe!up!Cpncbz!!5-311/!Uifsfgpsf-!ofu!hppet!tfou!up
csbodi!>!!2-14-911/!Mpbejoh!jt!204!pg!!2-14-911!>! !45-711/
)5* Csbodi!fyqfotft!;!Upubm!csbodi!fyqfotft!bsf!bduvbm!fyqfotft!qmvt!ejtdpvou!bmmpxfe-!j/f/-!!21-911!,!!:11!>!!22-311!gps!Cpncbz
Csbodi!boe!!24-511!,!!811!>!!25-211!gps!Obhqvs!Csbodi/
Uvupsjbm!Opuf;!Jo!dbtf!pg!usbotgfs!pg!hppet!cfuxffo!uif!csbodift-!uif!tfoejoh!csbodi!xjmm!usfbu!uif
usbotgfs!Óbt!jg!sfuvsofe!up!ifbe!pggjdfÔ!boe!sfdfjwjoh!csbodi!xjmm!usfbu!uibu!Óbt!jg!sfdfjwfe!gspn!I/P/Ô
Illustration 25
B!Dpnqboz!xjui!jut!ifbe!pggjdf!bu!Dbmdvuub!ibt!b!csbodi!bu!Ofx!Efmij/!Hppet!bsf!jowpjdfe!up!uif!csbodi!bu!dptu!qmvt
44204&-!xijdi!jt!uif!tfmmjoh!qsjdf/!Uif!gpmmpxjoh!jogpsnbujpo!jt!hjwfo!jo!sftqfdu!pg!uif!csbodi!gps!uif!zfbs!foefe!42tu
Nbsdi-!3129;! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
Hppet!Tfou!up!csbodi!)Jowpjdf!wbmvf* 5-91-111 Ejtdpvou!bmmpxfe 2-111
Tupdl!bu!csbodi!)2/5/3128*!bu!tfmmjoh!qsjdf 35-111 Cbe!efcut 2-611
Dbti!tbmft 2-91-111 Tupdl!bu!csbodi!)42/4/3129*!bu!tfmmjoh!qsjdf 59-111
Sfuvsot!gspn!Efcupst 7-111 Csbodi!EfcupstÔ!cbmbodf!)42/4/3129* 47-611
Csbodi!fyqfotft!qbje!gps!dbti 64-611 Dpmmfdujpot!gspn!Efcupst 3-81-111
Csbodi!EfcupstÔ!cbmbodf!)2/5/3128* 41-111 Csbodi!EfcupstÔ!difrvft!sfuvsofe!ejtipopvsfe 6-111
Zpv!bsf!sfrvjsfe!up!qsfqbsf!uif!Csbodi!Tupdl!Bddpvou-!Csbodi!EfcupstÔ!Bddpvou!boe!uif!Csbodi!Bekvtunfou!Bddpvou
up!sfwfbm!uif!qspgju!pg!uif!csbodi!gps!uif!zfbs!3128.26/
Solution In the books of Head Office, Calcutta
Dr. New Delhi Branch Stock Account Cr.
2/5/3128 Up!Cbmbodf!c0e 35-111 42/4/3129 Cz!Cbol!B0d!)dbti!tbmft* 2-91-111
42/4/3129 Up!Hppet!Tfou!up!Csbodi!B0d 5-91-111 Cz!Ofx!Efmij!Csbodi!Efcupst!B0d!)Opuf!2* 3-91-111
Up!Ofx!Efmij!Cs/!Efcupst!B0d!)Sfuvsot* 7-111 Cz!Tipsubhf.jo.tupdl!B0d!)Cbmbodjoh!gjhvsf* 3-111
6-21-111 6-21-111
Dr. New Delhi Branch Debtors Account Cr.

2/5/3128 Up!Cbmbodf!c0e 41-111 42/4/3129 Cz!Cbol!B0d!)Dpmmfdujpo* 3-81-111
42/4/3129 Up!Cbol!B0d!)Ejtipopvs!pg!difrvft* 6-111 Cz!Ofx!Efmij!Csbodi!Tupdl!B0d 7-111
Up!Ofx!Efmij!Csbodi!Tupdl!B0d!)Opuf!2* 3-91-111 Cz!Ofx!Efmij!Csbodi!B0d;
! ! Cbe!efcu!! ! ! ! ! ! !!! !2-611!
! ! Ejtdpvou!bmmpxfe!! ! ! ! !2-111 3-611
4-26-111 4-26-111
Dr. New Delhi Branch Adjustment Account Cr.

42/4/3129 Up!Csbodi!Fyqfotft!B0d!)Opuf!5* 67-111 2/5/3128 Cz!Tupdl!Sftfswf!B0d!)Opuf!3* 7-111
Up!Tipsubhf.jo.tupdl!B0d!)Opuf!6* 3-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!4* 2-31-111
Up!Ofu!Qspgju!)Usbot/!up!Hfofsbm!Q!'!M!B0d* 67-111
2-37-111 2-37-111
Xpsljoh!Opuft;
)2* Dsfeju!tbmft!ibwf!opu!cffo!hjwfo!jo!uif!qspcmfn/!Tp-!uif!cbmbodjoh!gjhvsf!pg!Csbodi!Efcupst!Bddpvou!jt!up!cf!ublfo!bt!dsfeju!tbmft/
)3* Mpbejoh!jt!44 2 0 4 !po!dptu-!j/f/-!44 2 0 4 &0!244 2 0 4 !&!ps!205!po!jowpjdf!wbmvf/!Uifsfgpsf-!mpbejoh!po!pqfojoh!tupdl!jt
!35-11105!>! !7-111/
)4* Mpbejoh!po!hppet!tfou!>!!5-91-11105!>!!2-31-111/
)5* Upubm!csbodi!fyqfotft!>!Dbti!fyqfotft!bsf!!64-611!,!Cbe!Efcut!!2-611!,!Ejtdpvou!bmmpxfe!!2-111!>!!67-111/
)6* Xifo!op!tfqbsbuf!Csbodi!Qspgju!boe!Mptt!Bddpvou!jt!qsfqbsfe-!uif!foujsf!bnpvou!pg!tipsubhf!ps!tvsqmvt!jo!tupdl!jt!usbotgfssfe!up
Csbodi!Bekvtunfou!Bddpvou/
Jg!uif!Csbodi!Bekvtunfou!Bddpvou!boe!Csbodi!Qspgju!boe!Mptt!Bddpvou!bsf!qsfqbsfe!tfqbsbufmz-!uif!mpbejoh!po!tipsubhf0tvsqmvt
jt!usbotgfssfe!up!Csbodi!Bekvtunfou!Bddpvou!boe!dptu!jt!usbotgfssfe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
)7* Mpbejoh!po!dmptjoh!tupdl!>!!59-11105!>!!23-111/
Illustration 26
Y!Mue/!ibt!b!sfubjm!csbodi!bu!Bmmbibcbe/!Hppet!bsf!tfou!cz!uif!I/P/!up!uif!csbodi!nbslfe!bu!tfmmjoh!qsjdf!xijdi!jt!dptu!qmvt
36&/!Bmm!uif!fyqfotft!pg!uif!csbodi!bsf!qbje!cz!uif!I/P/!Bmm!dbti!dpmmfdufe!cz!uif!csbodi!)gspn!dvtupnfst!boe!dbti!tbmft*
jt!efqptjufe!up!uif!dsfeju!pg!I/P/!Bddpvou/
Gspn! uif! gpmmpxjoh! qbsujdvmbst! pg! uif! csbodi-! qsfqbsf! Csbodi! Tupdl! Bddpvou-! Csbodi! Efcupst! Bddpvou-! Csbodi
Fyqfotft!Bddpvou!boe!Csbodi!Bekvtunfou!Bddpvou!jo!uif!cpplt!pg!uif!I/P/;!)bmm!gjhvsft!jo!*
Efcupst!po!2/2/3128 23-111 Hppet!sfuvsofe!up!I/P/!bu!Jowpjdf!Qsjdf 6-111
Efcupst!po!42/23/3128 25-111 Tbmbsjft!qbje 7-111
Jowfoupsz!xjui!Csbodi!bu!Jowpjdf!Qsjdf!po!2/2/3128 27-111 Sfou!qbje 5-111
Jowfoupsz!xjui!Csbodi!bu!Jowpjdf!Qsjdf!po!42/23/3128 28-111 Ejtdpvou!bmmpxfe!up!dvtupnfst 3-111
Dbti!tbmft!evsjoh!uif!zfbs 71-111 Cbe!efcut!xsjuufo.pgg 2-111
Bnpvou!efqptjufe!jo!uif!I/P/!B0d!evsjoh!uif!zfbs 2-38-111 Tqpjmbhf!bu!Jowpjdf!qsjdf 3-111
Solution
Jo!uijt!qspcmfn-!dsfeju!tbmft!boe!hppet!tfou!up!csbodi!bsf!njttjoh/!Uifsfgpsf-!uif!cbmbodjoh!gjhvsf!pg!Csbodi!Efcupst!Bddpvou!xjmm!cf
usfbufe!bt!dsfeju!tbmft!boe!uif!cbmbodjoh!gjhvsf!pg!Csbodi!Tupdl!Bddpvou!xjmm!cf!usfbufe!bt!hppet!tfou!up!csbodi/
In the books of X Ltd. (H.O.)
3128!Kbo/!2 Up!Cbmbodf!c0e 27-111 3128!Efd/!42 Cz!Dbti!B0d!)dbti!tbmft* 71-111
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 2-51-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvsot* 6-111
Cz!Csbodi!Efcupst!B0d!)Dsfeju!tbmft* 83-111
Cz!Tqpjmbhf!B0d 3-111
2-67-111 2-67-111

3128!Kbo/!2 Up!Cbmbodf!c0e 23-111 3128!Efd/!42 Cz!Cbol!B0d!)Opuf!2* 78-111
Efd/!42 Up!Csbodi!Tupdl!B0d!)Cbmbodjoh!gjhvsf* 83-111 Cz!Ejtdpvou!Bmmpxfe!B0d 3-111
Cz!Cbe!Efcut!B0d 2-111
95-111 95-111

3128!Efd/!42 Up!Dbti!B0d!)Sfou!,!Tbmbsjft* 21-111 3128!Efd/!42 Cz!Csbodi!Qspgju!'!Mptt!B0d 24-111
Up!Ejtdpvou!Bmmpxfe!B0d 3-111
Up!Cbe!Efcut!B0d 2-111
24-111 24-111

3128!Efd/!42 Up!Tqpjmbhf!B0d!)Opuf!4* 511 3128!Efd/!42 Cz!Tupdl!Sftfswf!B0d 4-311
Up!Tupdl!Sftfswf!B0d 4-511 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 38-111
41-311 41-311

3128!Efd/!42 Up!Csbodi!Fyqfotft!B0d 24-111 3128!Efd/!42 Cz!Csbodi!Bekvtunfou!B0d 37-511
Up!Tqpjmbhf!B0d!)Dptu* 2-711
37-511 37-511
Xpsljoh!Opuft;
)2* Upubm!bnpvou!efqptjufe!jo!I/P/!Bddpvou!jt!!2-38-111!cvu!ju!jodmveft!!71-111!gps!dbti!tbmft/!Uifsfgpsf-!bnpvou!dpmmfdufe!gspn
efcupst!>!!2-38-111!Ï!!71-111!>!!78-111/
)3* Hppet!tfou!up!csbodi!ibwf!opu!cffo!hjwfo/!Uif!cbmbodjoh!gjhvsf!pg!Csbodi!Tupdl!Bddpvou!xjmm!cf!usfbufe!bt!hppet!tfou!up!csbodi/
Upubm!hppet!tfou!up!csbodi!>!!2-51-111/!!6-111!)bu!jowpjdf!qsjdf*!ibt!cffo!sfuvsofe!up!ifbe!pggjdf/!Mpbejoh!po!ofu!hppet!tfou!>
206!pg!!2-46-111!>!!38-111/
)4* Mpbejoh!po!tqpjmbhf!!511!jt!up!cf!efcjufe!up!Csbodi!Bekvtunfou!Bddpvou!boe!uif!cbmbodf!bnpvou!!3-111!Ï!!511!>!!2-711!jt
up!cf!dibshfe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
)5* Mpbejoh!po!pqfojoh!tupdl!>!206!pg!!27-111!>!!4-311<!Mpbejoh!po!dmptjoh!tupdl!>!206!pg!!28-111!>!!4-511/
Illustration 27
Nvmujdibjofe!Tupsft!Mue/-!Efmij!ibt!jut!csbodift!bu!Mvdlopx!boe!Nbesbt/!Ju!dibshft!hppet!up!jut!csbodift!bu!dptu!qmvt!36&/
Gpmmpxjoh!jogpsnbujpo!jt!bwbjmbcmf!pg!uif!usbotbdujpot!pg!uif!Mvdlopx!csbodi!gps!uif!zfbs!foefe!po!42tu!Nbsdi-!3129/
Cbmbodft!po!2/5/3128;!Tupdl!!41-111<!Efcupst!!21-111!boe!Qfuuz!Dbti!!61/
Usbotbdujpot!evsjoh!3128.29!)Mvdlopx!csbodi*!)bmm!gjhvsft!jo!*!;
Hppet!tfou!up!Mvdlopx!csbodi!bu!Jowpjdf!qsjdf 4-36-111 Dbti!tfou!gps!Qfuuz!fyqfotft 45-111
Hppet!sfuvsofe!up!Ifbe!Pggjdf!bu!Jowpjdf!qsjdf 21-111 Cbe!efcut!bu!Csbodi 611
Dbti!tbmft 2-11-111 Hppet!usbotgfssfe!up!Nbesbt!csbodi!voefs!I/P/!bewjdf 26-111
Dsfeju!tbmft 2-86-111 Jotvsbodf!dibshft!qbje!cz!I/P/ 611
Hppet!qjmgfssfe!)Jowpjdf!qsjdf* 3-111 Hppet!sfuvsofe!cz!Efcupst 611
Hppet!mptu!jo!gjsf!)Jowpjdf!qsjdf* 6-111 Jotvsbodf!Dp/!qbje!up!I/P/!gps!mptt!cz!gjsf!bu!Mvdlopx 4-111
Cbmbodft!po!42/4/3129;!Qfuuz!Dbti!!341<!Efcupst!!25-111/!Hppet!xpsui!!26-111!)jodmvefe!bcpwf*!tfou!cz!Mvdlopx
csbodi!up!Nbesbt!csbodi!xbt!jo!usbotju!po!42/4/3129/!Tipx!uif!gpmmpxjoh!bddpvout!jo!uif!cpplt!pg!Nvmujdibjofe!Tupsft
Mue/!;!)b*!Mvdlopx!Csbodi!Tupdl!Bddpvou<!!)c*!Mvdlopx!Csbodi!Efcupst!Bddpvou<!!)d*!Mvdlopx!Csbodi!Bekvtunfou
Bddpvou<!)e*!Mvdlopx!Csbodi!Qspgju!boe!Mptt!Bddpvou<!!)f*!Tupdl!Sftfswf!Bddpvou<!boe-!!)g*!Hppet!Tfou!up!Mvdlopx
Csbodi!Bddpvou/
Solution In the books of Multichained Stores Ltd.

Dr. Lucknow Branch Stock Account Cr.
2/5/3128 Up!Cbmbodf!c0e 41-111 42/4/3129 Cz!Hppet!tfou!up!Mvdlopx!Cs/!B0d!)Sfuvsot* 21-111
42/4/3129 Up!Hppet!Tfou!up!Mvdlopx!Csbodi!B0d 4-36-111 Cz!Cbol!B0d!)Dbti!tbmft* 2-11-111
Up!Mvdlopx!Csbodi!Efcupst!B0d!)Sfuvsot* 611 Cz!Hppet!Qjmgfssfe!B0d 3-111
Cz!Hppet!Mptu!cz!Gjsf!B0d 6-111
Cz!Hppet!Tfou!up!Mvdlopx!Cs/!B0d!)Usbotgfs* 26-111
Cz!Mvdlopx!Csbodi!Efcupst!B0d 2-86-111
4-66-611 4-66-611
Dr. Lucknow Branch Debtors Account Cr.
2/5/3128 Up!Cbmbodf!c0e 21-111 42/4/3129 Cz!Cbe!Efcut!B0d 611
42/4/3129 Up!Mvdlopx!Csbodi!Tupdl!B0d 2-86-111 Cz!Cbol!B0d!)Cbm/!gjh/*!)dpmm/!gspn!efcupst* 2-81-111
Cz!Mvdlopx!Csbodi!Tupdl!B0d!)Sfuvsot* 611
2-96-111 2-96-111
Dr. Lucknow Branch Adjustment Account Cr.
42/4/3129 Up!Hppet!Qjmgfssfe!B0d 511 42/4/3129 Cz!Tupdl!Sftfswf!B0d 7-111
Up!Hppet!Mptu!cz!Gjsf!B0d 2-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!6* 71-111
Up!Tupdl!Sftfswf!B0d :-811
Up!Hsptt!Qspgju!d0e 65-:11
77-111 77-111
Dr. Lucknow Branch Profit & Loss Account Cr.
42/4/3129 Up!Hppet!Qjmgfssfe!B0d 2-711 42/4/3129 Cz!Hsptt!Qspgju!c0e 65-:11
Up!Csbodi!Fyqfotft!B0d 45-931
Up!Hfofsbm!Qspgju!'!Mptt!B0d!)Opuf!7* 29-591
65-:11 65-:11
42/4/3129 Up!Mvdlopx!Csbodi!Bekvtunfou!B0d 7-111 2/5/3128 Cz!Cbmbodf!d0e 7-111
Up!Cbmbodf!d0e :-811 42/4/3129 Cz!Mvdlopx!Csbodi!Bekvtunfou!B0d :-811
26-811 26-811
Dr. Goods Sent to Lucknow Branch Account Cr.
42/4/3129 Up!Mvdlopx!Csbodi!Tupdl!B0d!)Sfuvsot* 21-111 42/4/3129 Cz!Mvdlopx!Csbodi!B0d 4-36-111
Up!Mvdlopx!Csbodi!Tupdl!B0d!)Usbotgfs* 26-111
Up!Mvdlopx!Csbodi!Bekvtunfou!B0d!)Opuf!6* 71-111
Up!Qvsdibtft!B0d 3-51-111
4-36-111 4-36-111
Working Notes :
Dr. (1) Petty Cash Account Cr.
2/5/3128 Up!Cbmbodf!c0e 61 42/4/3129 Cz!Csbodi!Fyqfotft!B0d 44-931
42/4/3129 Up!Cbol!B0d 45-111 Cz!Cbmbodf!d0e 341
45-161 45-161
Dr. (2) Branch Expenses Account Cr.
42/4/3129 Up!Cbe!Efcut!B0d 611 42/4/3129 Cz!Mvdlopx!Csbodi!Qspgju!'!Mptt!B0d 45-931
Up!Cbol!B0d!)Jotvsbodf!dibshf* 611
Up!Qfuuz!Dbti!B0d 44-931
45-931 45-931
Dr. (3) Goods Pilferred Account Cr.

42/4/3129 Up!Mvdlopx!Csbodi!Tupdl!B0d 3-111 42/4/3129 Cz!Mvdlopx!Csbodi!Bek/!B0d!)Mpbejoh* 511
Cz!Mvdlopx!Csbodi!Q!'!M!B0d!)Dptu* 2-711
3-111 3-111
Dr. (4) Goods Lost by Fire Account Cr.

42/4/3129 Up!Mvdlopx!Csbodi!Tupdl!B0d 6-111 42/4/3129 Cz!Mvdlopx!Csbodi!Bek/!B0d!)Mpbejoh* 2-111
Cz!Cbol!B0d!)Dmbjn!sfdfjwfe* 4-111
Cz!Hfofsbm!Qspgju!'!Mptt!B0d!)Opuf!7* 2-111
6-111 6-111
)6*!Ofu!Hppet!tfou!up!Csbodi
Hppet!!tfou!!up!!csbodi!>!!4-36-111!mftt!hppet!sfuvsofe!cz!uif!csbodi!!21-111!mftt!hppet!usbotgfssfe!up!Nbesbt!csbodi!!26-111!>
!4-11-111/!Mpbejoh!>!206!pg!!4-11-111!>!!71-111/
)7* Gps!dbmdvmbujoh!usvf!qspgju!pg!uif!csbodi-!boz!bcopsnbm!mptt!tipvme!cf!efcjufe!up!Hfofsbm!Qspgju!'!Mptt!Bddpvou/!Ifsf-!!2-111
ibt!cffo!dibshfe!up!Hfofsbm!Qspgju!'!Mptt!Bddpvou/!Ipxfwfs-!jg!ju!jt!dibshfe!up!Csbodi!Qspgju!'!Mptt!Bddpvou-!uif!qspgju!xpvme
cf!!28-591/
Illustration 28
Nbesbt!Mue/!jowpjdft!hppet!up!jut!csbodi!bu!dptu!qmvt!44204&/!Gspn!uif!gpmmpxjoh!qbsujdvmbst!qsfqbsf!Csbodi!Tupdl!Bddpvou-
Csbodi!Tupdl!Bekvtunfou!Bddpvou!boe!Csbodi!Qspgju!boe!Mptt!Bddpvou!bt!uifz!xpvme!bqqfbs!jo!uif!cpplt!pg!ifbe!pggjdf;
)bmm!gjhvsft!jo!*
Tupdl!bu!dpnnfodfnfou!bu!csbodi!bu!jowpjdf!qsjdf 2-61-111 Sfuvso!pg!hppet!up!ifbe!pggjdf!)jowpjdf!qsjdf* 61-111
Tupdl!bu!dmptf!bu!csbodi!bu!jowpjdf!qsjdf 2-31-111 Dsfeju!tbmft!bu!csbodi 61-111
Hppet!tfou!up!csbodi!evsjoh!uif!zfbs!bu!jowpjdf!qsjdf 21-11-111 Jowpjdf!wbmvf!pg!hppet!qjmgfssfe 21-111
)jodmvejoh!hppet!jowpjdfe!bu!!31-111!up!csbodi!po Opsnbm!mptt!bu!csbodi!evf!up!xbtubhf!boe!efufsjpsbujpo!
42/4/3129!cvu!opu!sfde/!cz!csbodi!cfgpsf!dmptf!pg!uif!zfbs* pg!tupdl!)bu!jowpjdf!wbmvf* 26-111
Dbti!tbmft!bu!csbodi :-11-111
Nbesbt!Mue/!dmptft!jut!cpplt!po!Nbsdi!42-!3129/
Solution In the books of Madras Ltd.
2/5/3128 Up!Cbmbodf!c0e 2-61-111 42/4/3129 Cz!Cbol!B0d!)Dbti!tbmft* :-11-111
42/4/3129 Up!Hppet!Tfou!up!Csbodi!B0d 21-11-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvsot* 61-111
Cz!Csbodi!Efcupst!B0d!)Dsfeju!tbmft* 61-111
Cz!Hppet!Qjmgfssfe!B0d 21-111
Cz!Cbmbodf!d0e;!! ! ! bu!csbodi 2-31-111
! ! ! ! ! ! ! jo.usbotju 31-111
22-61-111 22-61-111
Dr. Branch Stock Adjustment Account Cr.
42/4/3129 Up!Hppet!Qjmgfssfe!B0d!)Mpbejoh* 3-611 42/4/3129 Cz!Tupdl!Sftfswf!B0d 48-611
Up!Tupdl!Sftfswf!B0d!)Opuf!3* 46-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!2* 3-48-611
Up!Hsptt!Qspgju!d0e 3-48-611
3-86-111 3-86-111
42/4/3129 Up!Hppet!Qjmgfssfe!B0d!)Dptu* 8-611 42/4/3129 Cz!Hsptt!Qspgju!c0e 3-48-611
Up!Hfofsbm!Qspgju!'!Mptt!B0d 3-41-111
3-48-611 3-48-611
Uvupsjbm!Opuf;!Op!fousz!jt!sfrvjsfe!up!cf!qbttfe!gps!opsnbm!mptt-!uipvhi!ju!jt!hjwfo!tqfdjgjdbmmz!jo!uif!rvftujpo/!Uif!fggfdu!pg!opsnbm
mptt!jt!bvupnbujdbmmz!bekvtufe!jo!uif!Csbodi!Tupdl!Bddpvou/!Jo!uijt!qspcmfn-!opsnbm!mptt!pg!!26-111!ibt!cffo!ofvusbmjtfe!cz!uif!qspgju
po!tbmft!bcpwf!jowpjdf!qsjdf!pg!!26-111/!Jg!uif!fousz!jt!nbef!gps!opsnbm!mptt-!uif!Csbodi!Tupdl!Bddpvou!xjmm!cf!bt!voefs;

2/5/3128 Up!Cbmbodf!c0e 2-61-111 42/4/3129 Cz!Cbol!B0d!)Dbti!tbmft* :-11-111
42/4/3129 Up!Hppet!Tfou!up!Csbodi!B0d 21-11-111 Cz!Hppet!Tfou!up!Csbodi!B0d 61-111
Up!Csbodi!Tupdl!Bekvtunfou!B0d 26-111 Cz!Csbodi!Efcupst!B0d 61-111
)Qspgju!po!tbmft!bcpwf!jowpjdf!qsjdf* Cz!Hppet!Qjmgfssfe!B0d 21-111
Cz!Opsnbm!Mptt!B0d+ 26-111
Cz!Cbmbodf!d0e;!! ! ! bu!csbodi 2-31-111
! ! ! ! ! ! ! ! ! ! jo!usbotju 31-111
22-76-111 22-76-111
+Opsnbm!mptt!jt!up!cf!efcjufe!up!Csbodi!Tupdl!Bekvtunfou!Bddpvou!cz!!26-111!boe!ju!xjmm!cf!dsfejufe!cz!!26-111!gps!qspgju!po!tbmft-
bcpwf!jowpjdf!qsjdft/!Uif!hsptt!qspgju!xjmm!sfnbjo!vodibohfe/!Jo!uif!fybnjobujpo!ju!jt!cfuufs!up!jhopsf!opsnbm!mptt/
Xpsljoh!Opuft;
)2* Upubm!hppet!tfou!up!csbodi!jt! !21-11-111/!Hppet!pg! !61-111!ibt!cffo!sfuvsofe!cz!uif!Csbodi/!Uifsfgpsf-!ofu!hppet!tfou!jt
!:-61-111/!Mpbejoh!po!hppet!tfou!)Ofu*!>!205!pg!!:-61-111!>!!3-48-611/
)3* Tupdl!sftfswf!jt!bmtp!up!cf!dsfbufe!po!hppet!jo!usbotju!jo!beejujpo!up!dmptjoh!tupdl!bu!csbodi/!Uifsfgpsf-!uif!mpbejoh!jt!205!pg
!)2-31-111!,!31-111*!>!!46-111/
)4* Mpbejoh!po!hppet!qjmgfssfe!jt!up!cf!dibshfe!up!Csbodi!Tupdl!Bekvtunfou!Bddpvou!boe!dptu!jt!up!cf!dibshfe!up!Csbodi!Qspgju!boe
Mptt!Bddpvou/
Illustration 29
Tvcibti!Fmfdusjdbmt!ibt!jut!csbodift!bu!Diboejhbsi!boe!Hxbmjps!up!xipn!hppet!bsf!jowpjdfe!bu!dptu!qmvt!36&/
Gpmmpxjoh!jogpsnbujpo!jt!bwbjmbcmf!pg!uif!usbotbdujpot!bu!Diboejhbsi!Csbodi!gps!uif!zfbs!foefe!42/4/3129!;
Cbmbodft!po!2/5/3128!;!Tupdl!bu!jowpjdf!qsjdf!!51-111<!Efcupst!!23-111<!Qfuuz!Dbti!!261/
Usbotbdujpot!evsjoh!3128.29!;!)bmm!gjhvsft!jo!*
Hppet!tfou!up!csbodi!bu!jowpjdf!qsjdf 5-31-111 Jotvsbodf!dpnqboz!qbje!up!ifbe!pggjdf 4-111
Hppet!sfuvsofe!up!ifbe!pggjdf!bu!jowpjdf!qsjdf 26-111 Dbti!tfou!gps!qfuuz!fyqfotft 43-111
Dbti!tbmft 2-16-111 Cbe!efcut 511
Dsfeju!tbmft 2-91-111 Hppet!usbotgfssfe!up!Hxbmjps!csbodi!bu!jowpjdf!qsjdf 23-111
Opsnbm!mptt!bu!jowpjdf!qsjdf 461 Jotvsbodf!dibshft!qbje!cz!ifbe!pggjdf 311
Hppet!qjmgfsfe!bu!jowpjdf!qsjdf 4-111 Hppet!sfuvsofe!cz!efcupst 611
Hppet!mptu!cz!gjsf!bu!jowpjdf!qsjdf 5-111
Cbmbodft!po!42/4/3129!;!Efcupst!!22-111<!Qfuuz!Dbti!!361<!Tupdl!@
Opuf!;!Hppet!usbotgfssfe!up!Hxbmjps!Csbodi!xfsf!jo!usbotju!po!42/4/3129/
Qsfqbsf!gps!Diboejhbsi!Csbodi!;!)j*!Csbodi!Tupdl!Bddpvou<!)jj*!Csbodi!Bekvtunfou!Bddpvou<!)jjj*!Csbodi!Qspgju!boe
Mptt!Bddpvou<!)jw*!Tupdl!Sftfswf!Bddpvou<!boe!)w*!Csbodi!Efcupst!Bddpvou/
Solution In the books of Subhas Electricals
2/5/3128 Up!Cbmbodf!c0e 51-111 42/4/3129 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvsot* 26-111
42/4/3129 Up!Hppet!Tfou!up!Csbodi!B0d 5-31-111 Cz!Cbol!B0d!)Dbti!Tbmft* 2-16-111
Up!Csbodi!Efcupst!B0d!)Sfuvsot* 611 Cz!Csbodi!Efcupst!B0d!)Dsfeju!Tbmft* 2-91-111
Cz!Hppet!Qjmgfsfe!B0d 4-111
Cz!Hppet!Mptu!cz!Gjsf!B0d 5-111
Cz!Hppet!Tfou!up!Hxbmjps!Csbodi!B0d!)Usbot/* 23-111
Cz!Opsnbm!Mptt!B0d!)Opuf!2* 461
Cz!Cbmbodf!d0e 2-52-261
5-71-611 5-71-611

42/4/3129 Up!Opsnbm!Mptt!B0d!)Opuf!2* 461 2/5/3128 Cz!Csbodi!Tupdl!Sftfswf!B0d!)Opuf!7* 9-111
Up!Hppet!Qjmgfsfe!B0d!)Mpbejoh.Opuf!5* 711 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 92-111
Up!Hppet!Mptu!cz!Gjsf!B0d!)Mpbejoh.Opuf6* 911
Up!Hppet!Tfou!up!Hxbmjps!Csbodi!B0d!)Opuf!4* 3-511
Up!Csbodi!Tupdl!Sftfswf!B0d!)Opuf!8* 39-341
Up!Csbodi!Qspgju!boe!Mptt!B0d 67-731
9:-111 9:-111

42/4/3129 Up!Hppet!Qjmgfsfe!B0d!)Dptu* 3-511 42/4/3129 Cz!Csbodi!Bekvtunfou!B0d 67-731
Up!Csbodi!Fyqfotft!B0d!;
Cbe!Efcut 511
Jotvsbodf!Dibshft 311
Qfuuz!Fyqfotft!)Opuf!9* 42-:11
Up!Ofu!Qspgju!)Usbotgfssfe!up!Hfofsbm!Q'M!B0d* 32-831
67-731 67-731

2/5/3128 Up!Csbodi!Bekvtunfou!B0d 9-111 2/5/3128 Cz!Cbmbodf!c0e!)Opuf!7* 9-111
42/4/3129 Up!Cbmbodf!d0e 39-341 42/4/3129 Cz!Csbodi!Bekvtunfou!B0d!)Opuf!8* 39-341
47-341 47-341

2/5/3128 Up!Cbmbodf!c0e 23-111 42/4/3129 Cz!Csbodi!Fyqfotft!B0d!)Cbe!Efcut* 511
42/4/3129 Up!Csbodi!Tupdl!B0d 2-91-111 Cz!Csbodi!Tupdl!B0d!)Sfuvsot* 611
Cz!Cbol!B0d!)Dbti!Dpmmfdufe* 2-91-211
42/4/3129 Cz!Cbmbodf!d0e 22-111
2-:3-111 2-:3-111
Xpsljoh!Opuft!;
)2* Gps!dbmdvmbujoh!Csbodi!Dmptjoh!Tupdl!)xifo!ju!jt!opu!hjwfo*-!opsnbm!mptt!jt!dsfejufe!up!Csbodi!Tupdl!Bddpvou!bu!jowpjdf!qsjdf/
Opsnbm!Mptt!Bddpvou!jt!dmptfe!cz!efcjujoh!up!Csbodi!Bekvtunfou!Bddpvou/
)3* Mpbejoh!po!ofu!hppet!tfou;!Hppet!tfou!up!csbodi!!5-31-111!mftt!hppet!sfuvsofe!up!ifbe!pggjdf!!26-111/!Uifsfgpsf-!ofu!hppet
tfou!>!!5-16-111/!Mpbejoh!jt!206!pg!!5-16-111!>!!92-111/
)4* Mpbejoh!po!hppet!usbotgfssfe!up!Hxbmjps!Csbodi;!206!pg!!23-111!>!!3-511/
)5* Mpbejoh!po!hppet!qjmgfsfe;!206!pg!!4-111!>!!711/!Dptu!pg!hppet!qjmgfsfe!!3-511!)!4-111!Ï!!711*!xjmm!cf!efcjufe!up!Csbodi
Qspgju!boe!Mptt!Bddpvou/
)6* Mpbejoh!po!hppet!mptu!cz!gjsf;!206!pg!!5-111!>!!911/!Dptu!pg!hppet!mptu!cz!gjsf!!4-311!)!5-111!Ï!!911*!xjmm!cf!efcjufe!up
Hfofsbm!Qspgju!boe!Mptt!Bddpvou/
)7* Mpbejoh!po!pqfojoh!tupdl;!206!pg!!51-111!>!!9-111/
)8* Mpbejoh!po!dmptjoh!tupdl;!206!pg!!2-52-261!>!!39-341/
)9* Qfuuz!!Fyqfotft!!>!!Pqfojoh!!!qfuuz!!!dbti!!!!!261!qmvt!dbti!tfou!cz!ifbe!pggjdf!gps!qfuuz!dbti!>!!43-111!mftt!dmptjoh!qfuuz!dbti
!361!>!!42-:11/
Tpnfujnft-!Csbodi!Tupdl!Bddpvou!nbz!cf!nbjoubjofe!voefs!uxp!dpmvnot!po!cpui!uif!tjeft!Ð!Jowpjdf
Qsjdf!Dpmvno!boe!Dptu!Qsjdf!Dpmvno/!Uif!ÓJowpjdf!Qsjdf!DpmvnoÔ!cfjoh!b!nfsf!nfnpsboevn!dpmvno-
bmm!epvcmf!fousjft!bsf!xjui!uif!ÓDptu!Qsjdf!DpmvnoÔ/Hsptt!Qspgju!ps!Mptt!jt!ejtdmptfe!cz!uif!ÓDptu!Qsjdf
DpmvnoÔ/!Uif!tbmft!boe!tbmft!sfuvsot!bsf!tbnf!gps!cpui!uif!dpmvnot/
Illustration 30
Bumboujd!Qbqfs!Qspevdut!tfoet!hppet!up!uifjs!Cipqbm!csbodi!bu!dptu!qmvt!36&/!Zpv!bsf!hjwfo!uif!gpmmpxjoh!qbsujdvmbst;
!!! !!!
Pqfojoh!tupdl!bu!csbodi!bu!jut!dptu 6-111 Tbmft 36-611
Hppet!tfou!up!csbodi!bu!jowpjdf!qsjdf 31-111 Fyqfotft 9-111
Mptt!jo!usbotju!bu!jowpjdf!qsjdf 3-611 Dmptjoh!tupdl!bu!csbodi!bu!dptu!up!csbodi 7-111
Uifgu!bu!jowpjdf!qsjdf 2-111 Dmbjn!sfde/!gspn!uif!jotvsbodf!dpnqboz!gps!mptt!jo!usbotju 3-111
Mptt!jo!xfjhiu!)opsnbm*!bu!jowpjdf!qsjdf 611
Zpv!bsf!sfrvjsfe!up!qsfqbsf!jo!uif!ifbe!pggjdf!cpplt;!
)b*!Csbodi!Tupdl!Bddpvou<!
)c*!Csbodi!Bekvtunfou!Bddpvou<!
)d*!Csbodi!Qspgju!boe!Mptt!Bddpvou<!
)e*!Tvsqmvt!jo!Tupdl!Bddpvou<!
)f*!Mptt.jo.usbotju!Bddpvou<!boe!)g*!Mptt!cz!Uifgu!Bddpvou/
Solution In the books of Atlantic Paper Products

Up!Cbmbodf!c0e!)Opuf!2* 6-111 Cz!Mptt!jo!usbotju!B0d 3-611
Up!Hppet!Tfou!up!Csbodi!B0d 31-111 Cz!Mptt!cz!Uifgu!B0d 2-111
Up!Tvsqmvt!jo!Tupdl!B0d 21-111 Cz!Csbodi!Efcupst!B0d!)Opuf!4* 36-611
46-111 46-111
Up!Mptt.jo.usbotju!B0d!)Mpbejoh* 611 Cz!Tupdl!Sftfswf!B0d!)Opuf!4* 2-111
Up!Mptt!cz!Uifgu!B0d 311 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!5* 5-111
Up!Tupdl!Sftfswf!B0d 2-311 Cz!Tvsqmvt!jo!Tupdl!B0d!)Opuf!6* 3-111
8-111 8-111

Up!Fyqfotft!B0d 9-111 Cz!Hsptt!Qspgju!c0e 6-211
Up!Mptt!cz!Uifgu!B0d!)Opuf!7* 911 Cz!Tvsqmvt!jo!Tupdl!B0d 9-111
24-211 24-211
Up!Csbodi!Bekvtunfou!B0d 3-111 Cz!Csbodi!Tupdl!B0d 21-111
21-111 21-111
Dr. Loss-in-transit Account Cr.

Up!Csbodi!Tupdl!B0d 3-611 Cz!Csbodi!Bekvtunfou!B0d 611
Cz!Cbol!B0d!)Dmbjn!sfdfjwfe* 3-111
3-611 3-611
Dr. Loss by Theft Account Cr.
Up!Csbodi!Tupdl!B0d 2-111 Cz!Csbodi!Bekvtunfou!B0d 311
Cz!Csbodi!Qspgju!'!Mptt!B0d 911
2-111 2-111
Uvupsjbm!Opuf;!)2*!Op!fousz!jt!sfrvjsfe!gps!opsnbm!mptt<!)3*!Mptt!cz!uifgu!tipvme!cf!usfbufe!bt!opsnbm!cfdbvtf!ÓtipqmjgujohÔ!jt!wfsz
dpnnpo!up!bmm!cvtjofttft!qbsujdvmbsmz!jo!uif!sfubjm!usbef/
Xpsljoh!Opuft;
)2* Ifsf-!pqfojoh!tupdl!wbmvf!ibt!cffo!hjwfo!bu!dptu!up!uif!csbodi-!j/f/-!bu!jowpjdf!qsjdf/!Uifsfgpsf-!uifsf!jt!op!offe!gps!dpowfsujoh!uibu
joup!uif!jowpjdf!qsjdf/
)3* Ju!jt!bttvnfe!uibu!bmm!tbmft!bsf!nbef!po!dsfeju/
)4* Mpbejoh!jt!36&!po!dptu-!j/f/-!360236!ps!206!pg!jowpjdf!qsjdf/!Tp-!Mpbejoh!po!pqfojoh!tupdl!>!206!pg!!6-111!>!!2-111/
)5* Mpbejoh!po!hppet!tfou!jt!206!pg!!31-111!>!!5-111/
)6* Mpbejoh!po!tvsqmvt!jo!tupdl!jt!206!pg!!21-111!>!!3-111/!Mpbejoh!po!tvsqmvt!jo!tupdl!jt!dsfejufe!up!Csbodi!Bekvtunfou!Bddpvou
boe!dptu!jt!dsfejufe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
)7* Mpbejoh!po!mptu.jo.usbotju!jt!206!pg!!3-611!>!!611/!Mpbejoh!po!mptu.jo.usbotju!jt!efcjufe!up!Csbodi!Bekvtunfou!Bddpvou/!Dptu!pg
hppet!mptu.jo.usbotju!)!3-111*!jt!frvbm!up!jotvsbodf!dmbjn!sfdfjwfe/!Tp-!uifsf!jt!op!bcopsnbm!mptt!xijdi!jt!up!cf!usbotgfssfe!up!uif
Hfofsbm!Qspgju!boe!Mptt!Bddpvou/
Sale of Goods Above / Below Invoice Price

Tpnfujnft!hppet!nbz!cf!tpme!cz!uif!csbodi!cfmpx!ps!bcpwf!uif!jowpjdf!qsjdf!bt!b!nbuufs!pg!qpmjdz-!gps!fybnqmf-
dbti!tbmft!bu!jowpjdf!qsjdf!cvu!dsfeju!tbmft!bu!21&!bcpwf!jowpjdf!qsjdf/!Jo!tvdi!b!tjuvbujpo-!uif!Csbodi!Tupdl
Bddpvou!epft!opu!cbmbodf/!Gps!bekvtujoh!fydftt0tipsu!bnpvou!sfbmjtfe!pwfs!uif!jowpjdf!qsjdf-!uif!gpmmpxjoh
fousjft!bsf!qbttfe;
)j*!Xifo!hppet!bsf!tpme!bcpwf!jowpjdf!qsjdf
Csbodi!Tupdl!Bddpvou Es/!\Ejggfsfodf!cfuxffo!bduvbm!tfmmjoh!qsjdf
! ! Up!Csbodi!Bekvtunfou!Bddpvou ! ! !!boe!jowpjdf!!qsjdf^
)jj*!Xifo!hppet!bsf!tpme!cfmpx!jowpjdf!qsjdf
Csbodi!Bekvtunfou!Bddpvou Es/!\Ejggfsfodf!cfuxffo!jowpjdf!qsjdf!boe!
! ! Up!Csbodi!Tupdl!Bddpvou ! ! bduvbm!tfmmjoh!qsjdf^
Illustration 31
C/!Mue/-!Cpncbz!ibt!b!csbodi!jo!Dbmdvuub/!Hppet!bsf!tfou!up!Csbodi!bu!dptu!qmvt!61&!)bmm!gjhvsft!jo!*;
Pqfojoh!tupdl!bu!csbodi!bu!jowpjdf!qsjdf 7-11-111 Efcupst!qbje!evsjoh!uif!zfbs 22-11-111
Pqfojoh!efcupst!bu!csbodi 3-11-111 Tupdl!tipsubhf!)efufdufe!bu!uif!foe!pg!uif!zfbs*!bu 71-111
Hppet!sfdfjwfe!cz!csbodi!evsjoh!uif!zfbs 29-11-111 jowpjdf!qsjdf
Hppet!jo!usbotju!up!csbodi!)pqfojoh*!bu!jowpjdf!qsjdf 41-111 Hppet!sfuvsofe!cz!csbodi!evsjoh!uif!zfbs!)jowpjdf!qsjdf* :1-111
Dbti!tbmft!evsjoh!uif!zfbs!)!41-111!cfmpx!jowpjdf!qsjdf* 7-41-111 Cbe!efcut!xsjuufo.pgg 31-111
Dsfeju!tbmft!evsjoh!uif!zfbs!)!86-111!bcpwf!jowpjdf!qsjdf* 23-11-111 Csbodi!fyqfotft 51-111
Gspn!uif!bcpwf!jogpsnbujpo-!zpv!bsf!sfrvjsfe!up!qsfqbsf;!Csbodi!Tupdl!Bddpvou<!Csbodi!Bekvtunfou!Bddpvou!boe
Csbodi!Qspgju!boe!Mptt!Bddpvou!gps!uif!zfbs!foefe!42tu!Efdfncfs-!3128/!)Zpv!nbz!bttvnf!uibu!uifsf!jt!tupdl!jo!usbotju
bu!uif!zfbs.foe*/
Solution In the books of B Ltd.
3128!Kbo/!2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Cbol!B0d!)Dbti!tbmft* 7-41-111
! ! ! ! ! bu!csbodi 7-11-111 Cz!Csbodi!Bekvtunfou!B0d!)Opuf!3* 41-111
! ! ! ! ! jo.usbotju 41-111 Cz!Csbodi!Efcupst!B0d 23-11-111
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d!)Opuf!2* 28-81-111 Cz!Tipsubhf!jo!Tupdl!B0d!)Opuf!5* 71-111
Up!Csbodi!Bekvtunfou!B0d!)Opuf!4* 86-111 Cz!Hppet!Tfou!up!Csbodi!B0d :1-111
Cz!Cbmbodf!d0e!)Cbmbodjoh!gjhvsf* 5-76-111
35-86-111 35-86-111
3128!Efd/!42 Up!Csbodi!Tupdl!B0d!)Opuf!3* 41-111 3128!Efd/!42 Cz!Csbodi!Tupdl!B0d!)Opuf!4* 86-111
Up!Tipsubhf.jo.Tupdl!B0d 31-111 Cz!Tupdl!Sftfswf!B0d!)Opuf!6* 3-21-111
Up!Tupdl!Sftfswf!B0d!)Opuf!8* 2-66-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!7* 6-71-111
9-56-111 9-56-111
3128!Efd/!42 Up!Csbodi!Fyqfotft!B0d; 3128!Efd/!42 Cz!Hsptt!Qspgju!c0e 7-51-111
Cbe!efcut 31-111
Dbti!fyqfotft 51-111
Up!Tipsubhf.jo.Tupdl!B0d!)Mpbejoh* 51-111
Up!Hfofsbm!Qspgju!'!Mptt!B0d 6-51-111
7-51-111 7-51-111
Xpsljoh!Opuft;
)2* Hppet!sfdfjwfe!cz!csbodi!evsjoh!uif!zfbs!jt!!29-11-111/!Ju!jodmveft!!41-111!pqfojoh!tupdl!jo!usbotju/!Uifsfgpsf-!bduvbm!hppet
tfou!up!csbodi!evsjoh!uif!zfbs!jt!!29-11-111!Ï!!41-111!>!!28-81-111/
)3* Gps!tbmf!pg!hppet!cfmpx!jowpjdf!qsjdf-!Csbodi!Bekvtunfou!Bddpvou!jt!efcjufe!boe!Csbodi!Tupdl!Bddpvou!jt!dsfejufe/
)4* Gps!tbmf!pg!hppet!bcpwf!jowpjdf!qsjdf-!Csbodi!Tupdl!Bddpvou!jt!efcjufe!boe!Csbodi!Bekvtunfou!Bddpvou!jt!dsfejufe/
)5* Mpbejoh!pg!tipsubhf!jo!tupdl!jt!efcjufe!up!Csbodi!Bekvtunfou!Bddpvou!boe!#dptu#!jt!efcjufe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
Mpbejoh!pg!tipsubhf.jo.tupdl!>!204!pg!!71-111!>!!31-111!boe!Dptu!>!!71-111!Ï!!31-111!>!!51-111/
)6* Mpbejoh!po!pqfojoh!tupdl!jodmvejoh!hppet.jo.usbotju!>!204!pg!!)7-11-111!,!41-111*!>!!3-21-111/
)7* Mpbejoh!po!ofu!hppet!tfou!up!csbodi!evsjoh!uif!zfbs!>!204!pg!!)28-81-111!Ï!:1-111*!>!!6-71-111/
)8* Mpbejoh!po!dmptjoh!tupdl!>!204!pg!!5-76-111!>!!2-66-111/
Illustration 32
Xijuf!Mue/!xjui!uifjs!ifbe!pggjdf!bu!Lpmlbub-!jowpjdfe!hppet!up!uifjs!Sbodij!csbodi!bu!31&!mftt!uibo!mjtu!qsjdf-!xijdi!jt
dptu!qmvt!211&-!xjui!jotusvdujpo!uibu!dbti!tbmft!bsf!nbef!bu!jowpjdf!qsjdf!boe!dsfeju!tbmft!bu!mjtu!qsjdf/!Gspn!uif!gpmmpxjoh
qbsujdvmbst-!qsfqbsf!Csbodi!Tupdl!Bddpvou!boe!Csbodi!Tupdl!Bekvtunfou!Bddpvou!gps!uif!zfbs!foefe!42/23/3128!;
Tupdl!po!2tu!2/2/3128!)bu!jowpjdf!qsjdf* 3-511 Dbti!sfdfjwfe!gspn!efcupst 28-238
Efcupst!po!2/2/3128 3-111 Fyqfotft!bu!csbodi 4-584
Hppet!sfdfjwfe!gspn!I/P/!)bu!jowpjdf!qsjdf* 37-511 Sfnjuubodf!up!I/P/ 35-111
Hppet!sfuvsofe!up!I/P/ 311 Efcupst!po!42/23/3128 5-984
Tbmft!Ð!! ! ! ! ! ! ! ! Dbti! :-311 Tupdl!po!42/23/3128 4-631
! ! ! ! ! ! ! ! ! ! ! ! Dsfeju 31-111
Solution In the books of White Ltd.
Dr. Ranchi Branch Stock Account Cr.
3128!Kbo/!2 Up!Cbmbodf!c0e 3-511 3128!Efd/!42 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvso* 311
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 37-511 Cz!Cbol!B0d!)Dbti!Tbmft* :-311
Up!Tvsqmvt!jo!Tupdl!B0d 231 Cz!Csbodi!Efcupst!B0d 31-111
Up!Sbodij!Csbodi!Bekvtunfou!B0d!)Opuf!2* 5-111 Cz!Cbmbodf!d0e 4-631
43-:31 43-:31
Dr. Ranchi Branch Stock Adjustment Account Cr.
3128!Efd/!42 Up!Tupdl!Sftfswf!B0d!)Opuf!7* 2-431 3128!Efd/!42 Cz!Sbodij!Csbodi!Tupdl!B0d!)Opuf!2* 5-111
Up!Hsptt!Qspgju!d0e 24-561 Cz!Tupdl!Sftfswf!B0d!)Opuf!5* :11
! ! ! \Usbotgfssfe!up!Csbodi!Q0M!B0d^ Cz!Tvsqmvt!jo!Tupdl!B0d!)Opuf!4* 56
Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!6* :-936
25-881 25-881
Xpsljoh!Opuft!;
)2* Mfu!dptu!qsjdf!cf!!211/!Uif!mjtu!qsjdf!jt!211&!pg!dptu!qsjdf/!Uifsfgpsf-!mjtu!qsjdf!>!!211!,!!211!>!!311/!Uif!jowpjdf!qsjdf!jt
31&!mftt!uibo!mjtu!qsjdf-!j/f/-!!311!Ï!31&!pg!!311!>! !311!Ï!!51!>!!271/!Dbti!tbmft!bsf!nbef!bu!jowpjdf!qsjdf-!j/f/-!!271-!xifsfbt
dsfeju!tbmft!bsf!nbef!bu!mjtu!qsjdf-!j/f/-!!311/!Bnpvou!dibshfe!po!dsfeju!tbmft!jt!npsf!uibo!jowpjdf!qsjdf!>!!311!Ï!!271!>!!51-
j/f/-!51!0!311!!211!>!31&!pg!mjtu!qsjdf/
Hppet!tpme!po!dsfeju!>!!31-111!Ï!bnpvou!dibshfe!jo!fydftt!pg!jowpjdf!qsjdf!>!31&!pg!!31-111!>!!5-111/
)3* Jg!dptu!jt!!211!uifo!jowpjdf!qsjdf!jt!!271/!Uifsfgpsf-!mpbejoh!po!jowpjdf!qsjdf!>!71!0!271!!211!>!48/6&/
)4* Mpbejoh!po!tvsqmvt!;!48/6&!pg!231!>!!56/!Uijt!!56!sfqsftfout!mpbejoh/!Uifsfgpsf-!ju!jt!up!cf!dsfejufe!up!Csbodi!Tupdl!Bekvtunfou
Bddpvou/!Uif!cbmbodf!!86!)231!Ï!56*!jt!up!cf!dsfejufe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/!\Tff!ofyu!Jmmvtusbujpo^
)5* Mpbejoh!po!pqfojoh!tupdl!>!48/6&!pg!!3-511!>!!:11/
)6* Mpbejoh!po!hppet!tfou!up!csbodi!)ofu*!;!48/6&!pg!)37-511!Ï!311*!>!!:-936/
)7* Mpbejoh!po!dmptjoh!tupdl!;!48/6&!pg!!4-631!>!!2-431/!)8*!Fyqfotft!bu!csbodi!pg!!4-584!xjmm!cf!dibshfe!up!Csbodi!Q0M!Bddpvou/
Illustration 33
Ebsb!Tupsft!Mue/!xjui!jut!ifbe!pggjdf!bu!Efmij-!jowpjdfe!hppet!up!jut!csbodi!bu!Hib{jbcbe!bu!31&!mftt!uibo!uif!mjtu!qsjdf
xijdi!jt!dptu!qmvt!211&-!xjui!jotusvdujpot!uibu!dbti!tbmft!xfsf!up!cf!nbef!bu!jowpjdf!qsjdf!boe!dsfeju!tbmft!bu!dbubmphvf
qsjdf!)j/f/-!mjtu!qsjdf*/
Gspn!uif!gpmmpxjoh!qbsujdvmbst!bwbjmbcmf!gspn!uif!csbodi-!qsfqbsf!Csbodi!Tupdl!Bddpvou-!Csbodi!Bekvtunfou!Bddpvou-
Csbodi!Qspgju!boe!Mptt!Bddpvou!boe!Csbodi!Efcupst!Bddpvou!gps!uif!zfbs!foejoh!42tu!Efdfncfs-!3128/!)gjhvsft!jo!*
Tupdl!po!2tu!Kbovbsz!3128!)jowpjdf!qsjdf* 7-111 Dbti!sfdfjwfe!gspn!efcupst 53-928
Efcupst!po!2tu!Kbovbsz!3128 6-111 Fyqfotft!bu!csbodi 9-794
Hppet!sfdfjwfe!gspn!ifbe!pggjdf!)jowpjdf!qsjdf* 77-111 Efcupst!po!42tu!Efdfncfs!3128 23-294
Tbmft!Ð!! ! ! ! ! ! ! ! Dbti!! ! ! ! ! ! ! ! ! !34-111 Tupdl!po!42tu!Efdfncfs!3128!)jowpjdf!qsjdf* 9-911
! ! ! ! ! ! ! ! ! ! ! ! Dsfeju! ! ! ! ! ! ! ! ! !61-111 84-111 Sfnjuubodft!up!ifbe!pggjdf 71-111
Solution In the books of Dara Stores Ltd.

Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 77-111 Cz!Csbodi!Efcupst!B0d 61-111
Up!Csbodi!Bekvtunfou!B0d!)Opuf!2* 21-111 Cz!Tipsubhf.jo.!Tupdl!B0d!)Opuf!3* 311
93-111 93-111
3128!Efd/!42 Up!Tipsubhf.jo.Tupdl!B0d!)Opuf!3* 86 3128!Efd/!42 Cz!Csbodi!Tupdl!B0d!)Opuf!2* 21-111
Up!Tupdl!Sftfswf!B0d!)Opuf!6* 4-411 Cz!Tupdl!Sftfswf!B0d!)Opuf!4* 3-361
Up!Hsptt!Qspgju!d0e 44-736 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!5* 35-861
48-111 48-111
3128!Efd/42 Up!Csbodi!Fyqfotft!B0d 9-794 3128!Efd/!42 Cz!Hsptt!Qspgju!c0e 44-736
Up!Tipsubhf.jo.tupdl!B0d!)Dptu* 236
Up!Hfofsbm!Qspgju!'!mptt!B0d 35-928
44-736 44-736
3128!Kbo/!2 Up!Cbmbodf!c0e 6-111 3128!Efd/!42 Cz!Cbol!B0d 53-928
Efd/!42 Up!Csbodi!Tupdl!B0d 61-111 Cz!Cbmbodf!d0e 23-294
66-111 66-111
Xpsljoh!Opuft;
)2* Mfu!uif!dptu!qsjdf!cf!!211/!Uif!mjtu!qsjdf!jt!211&!pg!dptu!qsjdf/!Uifsfgpsf-!mjtu!qsjdf!>!!211!,!!211!>!!311/!Uif!jowpjdf!qsjdf
jt!31&!mftt!uibo!mjtu!qsjdf-!j/f/-!!311!Ï!31&!pg!!311!>!!311!Ï!!51!>!!271/
Dbti!tbmft!bsf!nbef!bu!jowpjdf!qsjdf-!j/f/-!!271!xifsfbt!dsfeju!tbmft!bsf!nbef!bu!mjtu!qsjdf-!j/f/-!!311/!Bnpvou!dibshfe!po!dsfeju!tbmft
jt!npsf!uibo!jowpjdf!qsjdf!>!!311!Ï!!271!>!!51-!j/f/-!510311!x!211!>!31&!pg!mjtu!qsjdf/
Hppet!tpme!po!dsfeju!>!!61-111/!Bnpvou!dibshfe!jo!fydftt!pg!jowpjdf!qsjdf!>!31&!pg!mjtu!qsjdf-!j/f/-!31&!pg!!61-111!>!!21-111/
)3* Jg!dptu!jt!!211!uifo!jowpjdf!qsjdf!jt!!271/!Uifsfgpsf-!mpbejoh!po!jowpjdf!qsjdf!>!710271!x!211!>!48/6&/
Mpbejoh!po!tipsubhf!>!48/6&!pg!!311!>!!86/!Dptu!>!!311!Ï!!86!>!!236/
)4* Mpbejoh!po!pqfojoh!tupdl!>!48/6&!pg!!7-111!>!!3-361/
)5* Mpbejoh!po!hppet!tfou!up!csbodi!>!48/6&!pg!!77-111!>!!35-861/
)6* Mpbejoh!po!dmptjoh!tupdl!>!48/6&!pg!!9-911!>!!4-411/
Final Accounts System

Uif!ifbe!pggjdf!nbz!bmtp!qsfqbsf!b!Nfnpsboevn!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!up!gjoe!pvu!uif
qspgju!ps!mptt!pg!b!csbodi-!bqbsu!gspn!qsfqbsjoh!uif!Csbodi!Bddpvou/!Ifsf-!uif!Usbejoh!boe!Qspgju!boe!Mptt
Bddpvou!jt!qsfqbsfe!jo!uif!vtvbm!nboofs-!bgufs!dpowfsujoh!bmm!gjhvsft!bu!dptu!qsjdf/!Uif!sfbtpo!gps!qsfqbsjoh!uif
Nfnpsboevn!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!jt!up!ibwf!gvmm!jogpsnbujpo!pg!bmm!usbotbdujpot!xijdi!bsf
jhopsfe!jo!Efcupst!Tztufn!)ejtdvttfe!fbsmjfs*/
Uif!gpmmpxjoh!qpjout!bsf!jnqpsubou;
)2* Bmm!jufnt!pg!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!bsf!up!cf!dpowfsufe!joup!dptu!qsjdf/!)jg!uiftf!bsf
hjwfo!bu!jowpjdf!qsjdf*/
)3* Csbodi!Bddpvou!xjmm!cf!pg!b!Qfstpobm!Bddpvou!jo!obuvsf/!Ju!xjmm!tipx!pomz!uif!nvuvbm!usbotbdujpot
cfuxffo!ifbe!pggjdf!boe!csbodi/!Uif!cbmbodf!pg!Csbodi!Bddpvou!jt!opuijoh!cvu!ofu!bttfut!pg!uif!csbodi
bu!uif!foe!pg!uif!bddpvoujoh!zfbs/
)4* Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!jt!nfsfmz!b!Nfnpsboevn!Bddpvou!boe-!uifsfgpsf-!uif
fousjft!nbef!uifsfjo!ep!opu!ibwf!boz!epvcmf.fousz!fggfdu/!Uif!pomz!pckfdu!pg!uijt!bddpvou!jt!up!ejtdmptf
qspgju!nbef!ps!mptt!jodvssfe!cz!uif!csbodi/
Illustration 34
C!Dp/!ibwjoh!jut!ifbe!pggjdf!bu!Cpncbz!ibt!b!csbodi!bu!Dbmdvuub/!Zpv!bsf!hjwfo!uif!gpmmpxjoh!qbsujdvmbst!sfmbujoh!up!uif
Dbmdvuub!Csbodi!gps!uif!zfbs!foejoh!42/23/3128;!)bmm!gjhvsft!jo!*
Tupdl!bu!csbodi!po!2/2/3128 26-811 Qfuuz!dbti!bu!csbodi!po!2/2/3128 221
Hppet!tfou!up!csbodi!evsjoh!3128 56-711 Hppet!sfuvsofe!cz!csbodi 4-:11
Upubm!tbmft!bu!csbodi!)jodmvejoh!!2:-811!gps!dbti!tbmft* 84-411 Dbti!tfou!up!csbodi!gps!fyqfotft;
Dbti!sfdfjwfe!gspn!efcupst 63-311 Tbmbsz!;!!23-911<!Qfuuz!Dbti!;!!3-711<!Sfou!;!!4-111
Csbodi!efcupst!po!2/2/3128 27-:11 Tupdl!bu!csbodi!po!42/23/3128 29-911
Qfuuz!dbti!bu!csbodi!po!42/23/3128 :1
Qsfqbsf!Dbmdvuub!Csbodi!Bddpvou!boe!Nfnpsboevn!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!jo!uif!ifbe!pggjdf
cpplt/
Solution In the books of B Co.
3128!Kbo/!2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Cbol!B0d!)Dbti!tbmft* 2:-811
Tupdl 26-811 Cz!Cbol!B0d!)Dbti!dpmmfdufe!gspn!Efcupst* 63-311
Efcupst 27-:11 Cz!Hppet!Tfou!up!Csbodi!B0d 4-:11
Qfuuz!dbti 221 Cz!Cbmbodf!d0e;
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 56-711 Tupdl 29-911
Up!Cbol!B0d!)Sfnjuubodf*; Efcupst!)Opuf!2* 29-411
Tbmbsz 23-911 Qfuuz!Dbti :1
Qfuuz!Dbti 3-711
Sfou 4-111
2-23-::1 2-23-::1
Dr. Memorandum Branch Trading and Profit & Loss Account Cr.
For the year ended 31st December, 2017
Up!Pqfojoh!tupdl 26-811 Cz!Tbmft!Ð!Dbti 2:-811
Up!Hppet!Tfou!up!Csbodi!B0d!! ! ! ! ! ! ! ! 56-711 ! ! !Dsfeju 64-711
Mftt;!Sfuvsofe!up!I/P/!! ! ! ! ! ! ! ! !4-:11 52-811 Cz!Dmptjoh!Tupdl 29-911
:3-211 :3-211
Up!Tbmbsjft 23-911 Cz!Hsptt!Qspgju!c0e 45-811
Up!Sfou 4-111
Up!Csbodi!Fyqfotft!)Opuf!3* 3-731
45-811 45-811
Working Notes :
Dr. (1) Branch Debtors Account Cr.
3128!Kbo/!2 Up!Cbmbodf!c0e 27-:11 3128!Efd/!42 Cz!Cbol!B0d!)Dpmmfdujpo* 63-311
Up!Tbmft!B0d!)Dsfeju* 64-711 Cz!Cbmbodf!d0e 29-411
81-611 81-611
Dr. (2) Petty Cash Account Cr.

3128!Kbo/!2 Up!Cbmbodf!c0e 221 3128!Efd/!42 Cz!Csbodi!Fyqfotft!B0d!)Cbm/!Gjhvsf* 3-731
Up!Cbol!B0d!)Sfnjuubodft* 3-711 Cz!Cbmbodf!d0e :1
3-821 3-821
Uvupsjbm!Opuf!;!Uif!tuvefout!tipvme!opuf!uibu!uif!qspgju!ejtdmptfe!cz!uif!Csbodi!Bddpvou!boe!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt
Bddpvou!xjmm!cf!uif!tbnf/
llustration 35
B!Dbmdvuub!nfsdibou!ibt!b!csbodi!bu!Efmij!up!xijdi!if!dibshft!pvu!uif!hppet!bu!dptu!qmvt!36&/!Uif!Efmij!csbodi!lffqt
ijt!pxo!tbmft!mfehfs!boe!usbotnjut!bmm!dbti!sfdfjwfe!up!uif!ifbe!pggjdf!fwfsz!ebz/!Bmm!fyqfotft!bsf!qbje!gspn!uif!ifbe!pggjdf/
Uif!usbotbdujpot!gps!uif!Csbodi!xfsf!bt!gpmmpxt;!)bmm!gjhvsft!jo!*
Tupdl!po!2/2/3128 33-111 Bmmpxbodft!up!dvtupnfst 611
Efcupst!po!2/2/3128 311 Sfuvsot!joxbse 2-111
Qfuuz!dbti!po!2/2/3128 311 Difrvft!tfou!up!csbodi;
Dbti!tbmft 6-411 Sfou!;!!2-311<!Xbhft!;!!511<!Tbmbsjft!;!!2-911
Hppet!tfou!up!csbodi 51-111 Tupdl!po!42/23/3128 37-111
Dpmmfdujpot!po!mfehfs!bddpvout 53-111 Efcupst!po!42/23/3128 5-111
Hppet!sfuvsofe!up!ifbe!pggjdf 711 Qfuuz!dbti!po!42/23/3128!)jodmvejoh!njtdfmmbopvt!jodpnf! 361
Cbe!efcut 711 opu!sfnjuufe!!61*
Qsfqbsf!uif!Csbodi!Bddpvou!boe!uif!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!gps!uif!zfbs!foejoh!42/23/3128!jo
uif!ifbe!pggjdf!cpplt/! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
Solution In the books of Head Office
Dr. Delhi Branch Account Cr.
3128!Kbo/!2 Up!Cbmbodf!c0e; 3128!Efd/!42 Cz!Cbol!B0d!)Dbti!tbmft* 6-411
Tupdl 33-111 Cz!Cbol!B0d!)Dpmmfdujpot* 53-111
Efcupst 311 Cz!Hppet!Tfou!up!Csbodi!B0d!)Sfuvsot* 711
Qfuuz!dbti 311 Cz!Tupdl!Sftfswf!B0d!)Opuf!2* 5-511
Efd/!42 Up!Hppet!Tfou!up!Csbodi!B0d 51-111 Cz!Hppet!Tfou!up!Csbodi!B0d!)Opuf!3* 8-991
Up!Cbol!B0d!)Sfnjuubodft* Cz!Cbmbodf!d0e;
Sfou 2-311 Tupdl 37-111
Xbhft 511 Efcupst 5-111
Tbmbsjft 2-911 Qfuuz!dbti 361
Up!Tupdl!Sftfswf!B0d 6-311
Up!Hfofsbm!Qspgju!'!Mptt!B0d 2:-541
:1-541 :1-541
Dr. Delhi Branch Trading and Profit & Loss Account Cr.
Up!Pqfojoh!Tupdl!)!33-111!Ï!!5-511* 28-711 Cz!Tbmft;
Up!Hppet!tfou!up!Csbodi!)Dptu*!! ! ! ! ! ! 43-111 ! ! Dbti!! ! ! ! ! ! ! ! ! 6-411
Mftt;!Sfuvsot!up!I/P/!)Dptu*!! ! ! ! ! ! ! ! ! !591 42-631 ! ! Dsfeju!! ! ! ! ! ! ! ! !58-:11
Up!Xbhft 511 ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !64-311
Up!Hsptt!Qspgju!d0e 34-591 Mftt;!Sfuvsot!Joxbse!! ! ! ! ! ! ! !2-111 63-311
Cz!Dmptjoh!Tupdl!!)37-111!Ï!6-311* 31-911
84-111 84-111
Up!Sfou 2-311 Cz!Hsptt!Qspgju!c0e 34-591
Up!Tbmbsjft 2-911 Cz!Njtdfmmbofpvt!Jodpnf 61
Up!Cbe!Efcut 711
Up!Bmmpxbodft!up!Dvtupnfst 611
Up!Hfofsbm!Qspgju!'!Mptt!B0d 2:-541
34-641 34-641
Uvupsjbm!Opuf;!Bu!uif!ujnf!pg!qsfqbsjoh!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou-!bmm!gjhvsft!tipvme!cf!dpowfsufe!joup!dptu/!
Xpsljoh!Opuft!;!
)2*!36!0!236!x!!33-111!>!!5-511/!
)3*!36!0!236!x!!)51-111!Ï!711*!>!!8-991/
Illustration 36
N0t/!Bzbsbn!Hbzbsbn-!Dvuubdl!tubsufe!po!Bqsjm!2-!3128-!uxp!csbodift!bu!Cfsibnqvs!boe!Obhqvs/!Bmm!hppet!tpme!bu!uif
csbodift!bsf!sfdfjwfe!gspn!uif!ifbe!pggjdf!jowpjdfe!bu!dptu!qmvt!36&/!Bmm!fyqfotft!sfmbujoh!up!uif!csbodift!bsf!qbje!cz!uif
ifbe!pggjdf/!Fbdi!csbodi!ibt!jut!pxo!tbmft!mfehfs!boe!tfoet!xfflmz!tubufnfout/!Bmm!dbti!dpmmfdujpot!bsf!sfnjuufe!ebjmz!up
uif!ifbe!pggjdf!cz!uif!csbodift/!Uif!gpmmpxjoh!qbsujdvmbst!sfmbujoh!up!uif!ibmg.zfbs!foejoh!Tfqufncfs!41-!3128!ibwf!cffo
fyusbdufe!gspn!uif!xfflfoe!tubufnfout!tfou!cz!uif!csbodift;!)bmm!gjhvsft!jo!*
Cfsibnqvs Obhqvs Cfsibnqvs Obhqvs

Dsfeju!tbmft 2-36-311 2-21-111 Cbe!efcut 7-111 Ð
Dbti!tbmft 89-711 96-311 Tbmbsjft 27-111 29-111
Tbmft!sfuvsot 3-411 2-311 Hfofsbm!fyqfotft 3-711 2-611
Tvoesz!Efcupst 45-611 34-711 Hppet!sfdfjwfe!gspn!I/P/ 2-61-111 2-36-111
Sfou!boe!Ubyft 4-311 5-611 Bewfsujtfnfou 8-611 6-311
Tupdl!po!Tfqufncfs!41-!3128 56-111 46-111
Zpv!bsf!sfrvjsfe!up!qsfqbsf!uif!Csbodi!Bddpvout!bt!uifz!xpvme!bqqfbs!jo!uif!cpplt!pg!uif!ifbe!pggjdf-!tipxjoh!uif
qspgju!ps!mptt!gps!uif!qfsjpe!boe!uif!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!tfqbsbufmz!gps!fbdi!csbodi/
Solution In the books of Messrs. Ayaram Gayaram
! ! Ebuf Qbsujdvmbst Cfsibnqvs Obhqvs Ebuf Qbsujdvmbst Cfsibnqvs Obhqvs
3128!Bqs/!2 Up!Hppet!Tfou!up!Csbodi!B0d 2-61-111 2-36-111 3128!Tfqu/!41 Cz!Cbol!B0d!)Dbti!tbmft* 89-711 96-311
Tfqu/!41 Up!Cbol!B0d!)Sfnjuubodft*; Cz!Cbol!B0d!)Opuf!2* 93-511 96-311
Sfou!boe!ubyft 4-311 5-611 Cz!Hppet!Tfou!up!Cs/!B0d!)Opuf!3* 41-111 36-111
Tbmbsjft 27-111 29-111 Cz!Cbmbodf!d0e;
Hfofsbm!fyqfotft 3-711 2-611 Tupdl 56-111 46-111
Bewfsujtfnfou 8-611 6-311 Efcupst 45-611 34-711
Up!Tupdl!Sftfswf!B0d!)Opuf!4* :-111 8-111
Up!Hfofsbm!Qspgju!'!Mptt!B0d 93-311 :3-911
3-81-611 3-65-111 3-81-611 3-65-111
Dr. Branch Trading and Profit & Loss Account for the 6 months ended 30th September, 2017 Cr.
Qbsujdvmbst Cfsibnqvs Obhqvs Qbsujdvmbst Cfsibnqvs Obhqvs
Up!Hppet!Tfou!up!Cs/!B0d!)Opuf!5* 2-31-111 2-11-111 Cz!Tbmft;!Dbti 89-711 96-311
Up!Hsptt!Qspgju!d0e 2-28-611 2-33-111 ! ! ! ! ! Dsfeju 2-36-311 2-21-111
3-14-911 2!:6-311
Mftt;!Tbmft!sfuvsot 3-411 2-311
3-12-611 2-:5-111
Cz!Dmptjoh!Tupdl!)Opuf!4* 47-111 39-111
3-48-611 3-33-111 3-48-611 3-33-111
Up!Sfou!'!ubyft 4-311 5-611 Cz!Hsptt!Qspgju!c0e 2-28-611 2-33-111
Up!Cbe!efcut 7-111 Ð
Up!Tbmbsjft 27-111 29-111
Up!Hfofsbm!fyqfotft 3-711 2-611
Up!Bewfsujtfnfou 8-611 6-311
Up!Hfofsbm!Qspgju!'!Mptt!B0d 93-311 :3-911
2-28-611 2-33-111 2-28-611 2-33-111
Working Notes :
Dr. (1) Branch Debtors Account Cr.
! ! Ebuf Qbsujdvmbst Cfsibnqvs Obhqvs Ebuf Qbsujdvmbst Cfsibnqvs Obhqvs
3128 Up!Tbmft!)dsfeju* 2-36-311 2-21-111 3128 Cz!Tbmft!sfuvsot 3-411 2-311
Tfqu/!41 Tfqu/!41 Cz!Cbe!Efcut 7-111 Ð
Cz!Cbol!B0d!)cbmbodjoh!gjhvsf* 93-511 96-311
Cz!Cbmbodf!d0e! 45-611 34-711
2-36-311 2-21-111 2-36-311 2-21-111
)3* Hppet!bsf!tfou!up!csbodi!bu!dptu!qmvt!36&/!Jg!uif!dptu!qsjdf!jt!!211-!uifo!qspgju!jt!!36!boe!jowpjdf!qsjdf!jt!!236/!Uifsfgpsf-
mpbejoh!po!jowpjdf!qsjdf!360236!jt!31&!pg!jowpjdf!qsjdf/!Mpbejoh!gps!Cfsibnqvs!>!206!pg!!2-61-111!>!!41-111!boe!mpbejoh!gps
Obhqvs!>!206!pg!!2-36-111!>!!36-111/
)4* Mpbejoh!po!dmptjoh!tupdl!;!
Cfsibnqvs!>!206!pg!!56-111!>!!:-111!boe!
Obhqvs!>!206!pg!!46-111!>!!8-111/
)5* Dptu!pg!hppet!tfou!up!Csbodi!;!
Cfsibnqvs!>!)!2-61-111!Ï!!41-111*!>!!2-31-111<!boe!
Obhqvs!>!)!2-36-111!!Ï!!36-111*!>!!2-11-111/
)6* Dptu!pg!dmptjoh!tupdl!;
Cfsibnqvs!>!)!56-111!Ï!!:-111*!>!!47-111<!boe!
Obhqvs!>!)!46-111!Ï!!8-111*!>!!39-111/
Wholesale and Retail Profit at Branch

Tpnfujnft-!uif!ifbe!pggjdf!)qbsujdvmbsmz-!uif!nbovgbduvsjoh!dpodfso*!tfmmt!hppet!up!bduvbm!dpotvnfst!uispvhi
jut!sfubjm!tipqt/!Jo!uijt!dbtf-!uif!ifbe!pggjdf!tfoet!hppet!up!uif!csbodift!bu!xipmftbmf!qsjdft!xijdi!jt!dptu!qmvt
b!qfsdfoubhf!pg!qspgju/!Uif!csbodi!jt!mjlfmz!up!tfmm!uiptf!hppet!bu!sfubjm!qsjdft!xijdi!jt!npsf!uibo!uif!xipmftbmf
qsjdft/!Uif!sfbm!qspgju!fbsofe!cz!uif!csbodi!jt!uif!ejggfsfodf!cfuxffo!uif!sfubjm!qsjdf!boe!uif!xipmftbmf!qsjdf/
Gps!fybnqmf-!uif!dptu!qsjdf!pg!bo!bsujdmf!jt!!211-!uif!xipmftbmf!qsjdf-!!271!boe!uif!sfubjm!qsjdf-!!291/!Jg!bo
bsujdmf!jt!tpme!cz!uif!csbodi-!uif!bduvbm!qspgju!jt!!291!Ï!!211!>!!91!cvu!uif!csbodiÔt!sfbm!qspgju!jt!!291!Ï!271
>!!31/
Uijt!tztufn!jt!gpmmpxfe!xifo!b!csbodi!jt!usfbufe!bt!b!qspgju!dfousf/!Uif!sfbm!dptu!pg!uif!csbodi!jt!uif
xipmftbmf!qsjdf!pg!uif!hppet!tfou/!Cvu-!xf!nvtu!sfnfncfs!uibu!xipmftbmf!qsjdft!bsf!gjyfe!bcpwf!dptu/!Uifsfgpsf-
jg!bmm!uif!hppet!uibu!ibwf!cffo!tfou!up!csbodi!bsf!tpme-!op!qspcmfn!jt!dsfbufe/!Uif!sfbm!qspcmfn!bsjtft!xifo!b
qbsu!pg!uif!tupdl!sfnbjot!votpme-!xijdi!jodmveft!bo!fmfnfou!pg!qspgju!nbef!cz!uif!ifbe!pggjdf/!Up!dbmdvmbuf
bduvbm!qspgju!fbsofe-!uif!wbmvf!pg!votpme!tupdl!mzjoh!xjui!uif!csbodi!up!cf!sfevdfe!gspn!xipmftbmf!qsjdft!up
dptu!qsjdft/!Uif!gpmmpxjoh!Kpvsobm!Fousz!jt!qbttfe!bu!uif!zfbs.foe;
Qspgju!boe!Mptt!Bddpvou!)ifbe!pggjdf* Es/!\xipmftbmf!qsjdf!Ð!dptu^
! ! Up!Tupdl!Sftfswf!Bddpvou
Jo!uif!Cbmbodf!Tiffu-!csbodi!tupdl!jt!tipxo!bgufs!efevdujoh!tupdl!sftfswf/
Bu!uif!cfhjoojoh!pg!uif!ofyu!zfbs-!b!sfwfstf!fousz!jt!qbttfe-!j/f/-
Tupdl!Sftfswf!Bddpvou Es/
! ! Up!Qspgju!boe!Mptt!Bddpvou ! ! \Ifbe!pggjdf^
Uif!tuvefout!tipvme!opuf!uif!gpmmpxjoh!jnqpsubou!qpjout;
2/ Csbodi!Usbejoh!Bddpvou!jt!efcjufe!xjui!uif!pqfojoh!tupdl!)jg!boz*!bu!jowpjdf!qsjdf!)xipmftbmf!qsjdf*/
3/ Csbodi!Usbejoh!Bddpvou!jt!bmtp!efcjufe!xjui!uif!hppet!tfou!up!csbodi!)ofu*!bu!jowpjdf!qsjdf!)xipmftbmf
qsjdf*/
4/ Csbodi!Usbejoh!Bddpvou!jt!dsfejufe!xjui!uif!sfubjm!qsjdf!pg!hppet!tpme/
5/ Csbodi!Usbejoh!Bddpvou!jt!bmtp!dsfejufe!xjui!dmptjoh!tupdl!bu!csbodi!bu!jowpjdf!qsjdf!)xipmftbmf!qsjdf*/
6/ Uif!Ifbe!Pggjdf!Usbejoh!Bddpvou!xjmm!cf!efcjufe!cz!pqfojoh!tupdl!)jg!boz-!bu!dptu*-!hppet!qvsdibtfe
fud/-!boe!xjmm!cf!dsfejufe!cz!ejsfdu!tbmft!)hfofsbmmz!bu!xipmftbmf!qsjdf*!boe!hppet!tfou!up!csbodi!)ofu*!bu
jowpjdf!qsjdft!)xipmftbmf!qsjdf*/!Uif!dmptjoh!tupdl!)bu!dptu*!pg!ifbe!pggjdf!jt!bmtp!dsfejufe!up!Ifbe!Pggjdf
Usbejoh!Bddpvou/
7/ Jg!uifsf!jt!boz!dmptjoh!tupdl!mzjoh!bu!csbodi-!b!Tupdl!Sftfswf!Bddpvou!jt!pqfofe!cz!efcjujoh!Qspgju!boe
Mptt!Bddpvou!)ifbe!pggjdf*!boe!dsfejujoh!Tupdl!Sftfswf!Bddpvou/!Uif!bnpvou!pg!tupdl!sftfswf!jt!uif
ejggfsfodf!cfuxffo!xipmftbmf!qsjdf!boe!dptu!qsjdf!pg!ifbe!pggjdf/
8/ Jg!uifsf!jt!boz!pqfojoh!tupdl!mzjoh!bu!csbodi-!Tupdl!Sftfswf!Bddpvou!jt!efcjufe!boe!ifbe!pggjdf!qspgju
boe!mptt!jt!dsfejufe!xjui!uif!mpbejoh!)j/f/-!xipmftbmf!qsjdf!pg!pqfojoh!mftt!dptu!qsjdf!pg!tvdi!hppet*/
Illustration 37
YZ[!Mue!pqfsbuft!b!ovncfs!pg!sfubjm!tipqt/!Hppet!bsf!jowpjdfe!bu!xipmftbmf!qsjdf!xijdi!jt!dptu!qmvt!36&/!Tipqt!tfmm!uif
hppet!bu!uif!mjtu!qsjdf!xijdi!jt!dptu!qmvt!211&/
Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf;
)b*!Csbodi!Tupdl!Bddpvou!)bu!xipmftbmf!qsjdf*<!)c*!Csbodi!Qspgju!boe!Mptt!Bddpvou<!)d*!Tupdl!Sftfswf!Bddpvou<
)e*!Bo!fyusbdu!pg!ifbe!pggjdf!Qspgju!boe!Mptt!Bddpvou/
Qbsujdvmbst;
Pqfojoh!tupdl!bu!tipqt!!3-111<!Hppet!tfou!up!tipqt!!!9-11-111<!Hppet!sfuvsofe!cz!tipqt!!9-111<!Hppet!tpme!bu!uif
tipqt!!6-31-111<!Hppet!sfuvsofe!cz!dvtupnfst!bu!uif!tipq!!31-111<!Hppet!eftuspzfe!cz!gjsf!)sfubjm!wbmvf*!!7-511<
Fyqfotft!bu!uif!tipqt!!2-12-611/
Solution In the books of XYZ Ltd.

Dr. Branch Stock Account (at Wholesale Price) Cr.
Up!Cbmbodf!c0e 3-111 Cz!Tbmft 6-31-111
Up!Hppet!Tfou!up!Tipqt 9-11-111 Cz!Hppet!Tfou!up!Tipqt!)Sfuvsofe* 9-111
Up!Tbmft!Sfuvsot 31-111 Cz!Hppet!Eftuspzfe!cz!Gjsf!)Opuf!3* 5-111
Up!Hsptt!Qspgju!d0e!)Opuf!2* 2-98-611 Cz!Cbmbodf!d0e 5-88-611
21-1:-611 21-1:-611
Dr. Branch Profit and Loss Account for the year ended . . . Cr.
Up!Fyqfotft!bu!uif!Tipqt 2-12-611 Cz!Hsptt!Qspgju!c0e 2-98-611
Up!Hppet!Eftuspzfe!cz!Gjsf!)Opuf!3* 5-111
Up!Ofu!Qspgju!)Usbotgfssfe!up!I/!P/!Qspgju!'!Mptt!Bddpvou* 93-111
2-98-611 2-98-611

Up!Ifbe!Pggjdf!Qspgju!boe!Mptt!B0d Cz!Cbmbodf!c0e!)Opuf!4* 511
! ! ! ! ! ! ! ! ! ! ! )Usbotgfs* 511 Cz!Ifbe!Pggjdf!Qspgju!boe!Mptt!B0d :6-611
Up!Cbmbodf!d0e :6-611 ! )Sftfswf!sfrvjsfe!Ð!Opuf!4*
:6-:11 :6-:11
Dr. Head Office Profit and Loss Account (Extract) for the year ended . . . Cr.
Up!Tupdl!Sftfswf!)Opuf!4* Cz!Csbodi!Qspgju!boe!Mptt!B0d 93-111
! )Sftfswf!sfrvjsfe!gps!dmptjoh!tupdl* :6-611 Cz!Tupdl!Sftfswf!)Opuf!4* 511
! )Sftfswf!po!pqfojoh!tupdl*
Working Notes:
(1) Calculation of Gross Profit (2) Calculation of Wholesale Value of Goods Destroyed by Fire
Dptu!Qsjdf 211 Xifo!sfubjm!wbmvf!jt!!311!uif!xipmftbmf!wbmvf!jt!!236
Bee;!Qspgju!A!36& 36 Xifo!sfubjm!wbmvf!jt!Sf!2!uif!xipmftbmf!wbmvf!jt!!2360311
Xipmftbmf!Qsjdf! ! ! ! ! ! ! ! ! ! ! ! ! ! )B* 236 Xifo!sfubjm!wbmvf!jt!!7-511!uif!xipmftbmf!wbmvf!jt!
! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !2360311!y!!7-511
Dptu!Qsjdf 211 ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !>!!5-111
Bee!!;!Qspgju!A!211& 211 )4*!Dbmdvmbujpo!pg!Tupdl!Sftfswf
Sfubjm!Qsjdf! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! )C* 311 Po!pqfojoh!tupdl!>!!3-111!y!360236!>!!511
Hsptt!Qspgju!bu!uif!Tipqt!)C!Ï!B* 86 Po!dmptjoh!tupdl!>!!5-88-611!y!360236!>!!:6-611
Hsptt!Qspgju!>!!6-11-111!y!860311!>!!2-98-611/
)5*!Xipmftbmf!sfubjm!csbodi!jt!usfbufe!bt!joefqfoefou!qspgju!dfoufs/!Uifsfgpsf-!!hppet!eftuspzfe!cz!gjsf!ibt!cffo!dibshfe!up!xipmftbmf
! ! csbodi!qspgju!boe!mptt!bddpvou
Illustration 38
Sbivm!Mue!pqfsbuft!b!ovncfs!pg!sfubjm!pvumfut!up!xijdi!hppet!bsf!jowpjdfe!bu!xipmftbmf!qsjdf!xijdi!jt!dptu!qmvt!36&/!Uiftf
pvumfut!tfmm!uif!hppet!bu!uif!sfubjm!qsjdf!xijdi!jt!xipmftbmf!qsjdf!qmvt!31&/
Gpmmpxjoh!jt!uif!jogpsnbujpo!sfhbsejoh!pof!pg!uif!pvumfut!gps!uif!zfbs!foefe!42/4/3129!)bmm!gjhvsft!jo!*!;
Tupdl!bu!uif!pvumfu!)2/5/3128* 41-111 Hppet!mptu!cz!gjsf @
Hppet!jowpjdfe!up!uif!pvumfu!evsjoh!uif!zfbs 4-35-111 Fyqfotft!gps!uif!pvumfu!gps!uif!zfbs 31-111
Hsptt!qspgju!nbef!cz!uif!pvumfu 71-111 Tupdl!bu!uif!pvumfu!)42/4/3129* 47-111
Zpv!bsf!sfrvjsfe!up!qsfqbsf!uif!gpmmpxjoh!bddpvout!jo!uif!cpplt!pg!Sbivm!Mue!gps!uif!zfbs!foefe!42/4/3129;!
)b*!Pvumfu!Tupdl!Bddpvou<!
)c*!Pvumfu!Qspgju!boe!Mptt!Bddpvou<!
)d*!Tupdl!Sftfswf!Bddpvou/
Solution In the books of Rahul Ltd

Dr. Outlet Stock Account Cr.
2/5/3128 Up!Cbmbodf!c0e 41-111 !!!!!@ Cz!Tbmft!)Opuf!2* 4-71-111
! !!@ Up!Hppet!Tfou!up!Pvumfu 4-35-111 !!!!!@ Cz!Hppet!Mptu!cz!Gjsf!)Opuf!3* 29-111
42/4/3129 Up!Hsptt!Qspgju!d0e 71-111 42/4/3129 Cz!Cbmbodf!d0e 47-111
5-25-111 5-25-111
Dr. Outlet Profit and Loss Account for the year ended 31st March, 2018 Cr.
Up!Fyqfotft!pg!uif!Pvumfu 31-111 Cz!Hsptt!Qspgju!c0e 71-111
Up!Hppet!Mptu!cz!Gjsf 29-111
Up!Ofu!Qspgju!)Usbotgfssfe!up!I/!P/!Qspgju!'!Mptt!B0d*! 33-111
71-111 71-111
42/4/3129 Up!Ifbe!Pggjdf!Qspgju!boe!Mptt!B0d! 7-111 2/5/3128 Cz!Cbmbodf!c0e!)Opuf!4* 7-111
! ! ! ! ! )Usbotgfs* 42/4/3129 Cz!Ifbe!Pggjdf!Qspgju!boe!Mptt!B0d!
Up!Cbmbodf!d0e 8-311 ! )Sftfswf!sfrvjsfe!Ð!Opuf!4* 8-311
24-311 24-311
Working Notes:
(1) Calculation of Sales (2) Goods Lost by Fire at Wholesale Value
Dptu!Qsjdf 211 Pqfojoh!Tupdl 41-111
Bee;!Qspgju!A!36& 36 Bee;!Hppet!Tfou!up!Pvumfu 4-35-111
Xipmftbmf!Qsjdf! ! ! ! ! ! ! ! ! ! ! ! ! ! )B* 236 Bee;!Hsptt!Qspgju 71-111
Xipmftbmf!Qsjdf 236 5-25-111
Bee!!;!Qspgju!A!31& 36 Mftt;!Tbmft 4-71-111
Sfubjm!Qsjdf! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! )C* 261 65-111
Hsptt!Qspgju!bu!uif!Pvumfu!)C!Ï!B* 36 Mftt;!Dmptjoh!Tupdl 47-111
Sfubjm!Tbmft!Wbmvf!>!!71-111!y!261036!>!!4-71-111 29-111
)4*!Dbmdvmbujpo!pg!Tupdl!Sftfswf!;!Po!pqfojoh!tupdl!>!!41-111!!360236!>!!7-111/!
! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Po!dmptjoh!tupdl!>!!47-111!!360236!>!!8-311/
Illustration 39
Xijuf!Mue/!ibt!b!sfubjm!csbodi!bu!Hvshbpo/!Hppet!bsf!tpme!po!71&!qspgju!po!dptu/!Uif!xipmftbmf!qsjdf!jt!dptu!qmvt!51&/
Hppet! bsf! jowpjdfe! gspn! Dbmdvuub! ifbe! pggjdf! up! Hvshbpo! csbodi! bu! xipmftbmf! qsjdf/! Gspn! uif! gpmmpxjoh! qbsujdvmbst-
btdfsubjo!uif!qspgju!nbef!bu!ifbe!pggjdf!boe!csbodi!gps!uif!zfbs!foefe!42/23/3128;
I/P/!)* Csbodi!)* I/P/!)* Csbodi!)*
Tupdl!po!2/2/3128 2-86-111 Ð Fyqfotft!)Tfmmjoh* 67-111 8-111
Qvsdibtft 21-61-111 Ð Tbmft 21-82-111 4-61-111
Hppet!tfou!)jowpjdf!qsjdf* 4-89-111 Ð Tupdl!po!42/23/3128 5-31-111 74-111
Solution
Dr. Trading and Profit and Loss Account Cr.
Qbsujdvmbst Ifbe!Pggjdf Hvshbpo Qbsujdvmbst Ifbe!Pggjdf Hvshbpo
Up!Pqfojoh!Tupdl 2-86-111 Ð Cz!Tbmft 21-82-111 4-61-111
Up!Qvsdibtft 21-61-111 Ð Cz!Hppet!Tfou!up!Csbodi 4-89-111 Ð
Up!Hppet!Tfou!up!Csbodi Ð 4-89-111 Cz!Dmptjoh!Tupdl 5-31-111 74-111
Up!Hsptt!Qspgju!d0e 7-55-111 46-111
29-7:-111 5-24-111 29-7:-111 5-24-111
Up!Fyqfotft!)Tfmmjoh* 67-111 8-111 Cz!Hsptt!Qspgju!c0e 7-55-111 46-111
Up!Tupdl!Sftfswf!)Opuf!2* 29-111 Ð
Up!Ofu!Qspgju 6-81-111 39-111
7-55-111 46-111 7-55-111 46-111
Xpsljoh!Opuf;!)2*!Hppet!tfou!up!csbodi!bu!jowpjdf!qsjdf!tipvme!cf!usfbufe!bt!tbmf!pg!uif!ifbe!pggjdf/!Tpnf!pg!uif!hppet!bsf!tujmm!votpme
bu!uif!csbodi/!Gps!dbmdvmbujoh!bduvbm!qspgju!pg!uif!ifbe!pggjdf-!b!tupdl!sftfswf!jt!up!cf!dsfbufe!cz!efcjujoh!ifbe!pggjdf!Qspgju!boe!Mptt
Bddpvou/!Uif!bnpvou!pg!mpbejoh!xjmm!cf!51!0!251 x!!74-111!>!!29-111/
Illustration 40
B!ifbe!pggjdf!tfoet!hppet!up!jut!csbodi!bu!31&!mftt!uibo!mjtu!qsjdf-!j/f/-!dbubmphvf!qsjdf/!Hppet!bsf!tpme!up!dpotvnfst!bu
dptu!qmvt!211&/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!btdfsubjo!uif!qspgju!nbef!bu!uif!ifbe!pggjdf!boe!uif!csbodi!po!uif!xipmftbmf
cbtjt!gps!uif!zfbs!foefe!42/23/3128;! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !I/P/!)*! ! Csbodi!)*
Qvsdibtft 3-11-111 Ð
Hppet!tfou!up!csbodi!)bu!jowpjdf!qsjdf* 91-111 Ð
Tbmft 2-81-111 91-111
Bttvnf!uibu!ifbe!pggjdf!tfmmt!hppet!up!dvtupnfst!bu!dbubmphvf!qsjdf/
Solution Trading and Profit and Loss Account
Dr. For the year ended 31st December, 2017 Cr.
Qbsujdvmbst Ifbe!Pggjdf Csbodi Qbsujdvmbst Ifbe!Pggjdf Csbodi
Up!Qvsdibtft 3-11-111 Ð Cz!Tbmft 2-81-111 91-111
Up!Hppet!Tfou!up!Csbodi Ð 91-111 Cz!Hppet!Tfou!up!Csbodi 91-111 Ð
Up!Hsptt!Qspgju!d0e 2-26-111 27-111 Cz!Dmptjoh!Tupdl!)Opuf!3* 76-111 27-111
4-26-111 :7-111 4-26-111 :7-111
Up!Tupdl!Sftfswf!)Opuf!4* 7-111 Ð Cz!Hsptt!Qspgju!c0e 2-26-111 27-111
Up!Ofu!Qspgju 2-1:-111 27-111
2-26-111 27-111 2-26-111 27-111
Xpsljoh!Opuft;
)2* Mfu!dptu!qsjdf!cf!!211-!uifo!dbubmphvf!qsjdf!>!Dptu!,!211&-!pg!Dptu-!j/f/-!!311/!Jowpjdf!qsjdf!>!dbubmphvf!qsjdf!mftt!31&!pg
dbubmphvf!qsjdf!>!!311!Ï!!51!>!!271/
)3*!Wbmvbujpo!pg!Dmptjoh!Tupdl!bu!Ifbe!Pggjdf )5*!Wbmvbujpo!pg!Dmptjoh!Tupdl!bu!Csbodi
Dptu!pg!hppet!qvsdibtfe 3-11-111 Hppet!sfdfjwfe!gspn!I/P/!bu!jowpjdf!qsjdf 91-111
Mftt;!Dptu!pg!hppet!tpme!up!dvtupnfst 96-111 Mftt;!Jowpjdf!qsjdf!pg!hppet!tpme!)2710311!y!!91-111* 75-111
! ! ! )2110311!y!!2-81-111* Jowpjdf!qsjdf!pg!hppet!votpme 27-111
2-26-111
Mftt;!Dptu!pg!hppet!tfou!up!csbodi!)2110271!y!!91-111* 61-111
Dptu!pg!hppet!votpme 76-111
)4*!Tupdl!sftfswf!gps!hppet!votpme!bu!csbodi!>!710271!y!!27-111!>!!7-111
Illustration 41
B!ifbe!pggjdf!jowpjdft!hppet!up!jut!csbodi!bu!31&!mftt!uibo!uif!mjtu!qsjdf!)j/f/!dbubmphvf!qsjdf*/!Hppet!bsf!tpme!up!dvtupnfst
bu! dptu! qmvt!211&/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!btdfsubjo!uif!qspgju!nbef!bu!uif!ifbe!pggjdf!boe!uif!csbodi!po!uif
xipmftbmf!cbtjt!gps!uif!zfbs!foefe!42tu!Efdfncfs!3128/
I/P/!)* Csbodi!)* I/P/!)* Csbodi!)*
Pqfojoh!Tupdl!bu!dptu!)bu!J/Q/!gps!Csbodi* 51-111 27-111 Tbmft 7-11-111 91-111
Qvsdibtft 5-11-111 Ð Fyqfotft 97-111 5-111
Hppet!tfou!up!csbodi!bu!jowpjdf!qsjdf :7-111 Ð
Bttvnf!uibu!ifbe!pggjdf!tfmmt!hppet!up!dvtupnfst!bu!dbubmphvf!qsjdf/
Solution Trading and Profit and Loss Account
Qbsujdvmbst Ifbe!Pggjdf Csbodi Qbsujdvmbst Ifbe!Pggjdf Csbodi
Up!Pqfojoh!Tupdl 51-111 27-111 Cz!Tbmft 7-11-111 91-111
Up!Qvsdibtft 5-11-111 Ð Cz!Hppet!Tfou!up!Csbodi :7-111 Ð
Up!Hppet!Tfou!up!Csbodi Ð :7-111 Cz!Dmptjoh!Tupdl!)Opuf!3* 91-111 59-111
8-87-111 2-39-111 8-87-111 2-39-111
Up!Fyqfotft 97-111 5-111 Cz!Hsptt!Qspgju!c0e 4-47-111 27-111
Up!Tupdl!Sftfswf!)Opuf!4* 29-111 Ð Cz!Tupdl!Sftfswf!)Opuf!5* 7-111 Ð
Up!Ofu!Qspgju 3-49-111 23-111
4-53-111 27-111 4-53-111 27-111
Xpsljoh!Opuft;
)2*!Mfu!uif!dptu!qsjdf!cf!!211-!uifo!dbubmphvf!qsjdf!>!dptu!qmvt!211&!pg!dptu!>!!211!,!!211!>!!311/!Jowpjdf!qsjdf!>!dbubmphvf
qsjdf!mftt!31&!pg!dbubmphvf!qsjdf!>!!311!Ï!!51!>!!271/
)3*!Wbmvbujpo!pg!Dmptjoh!Tupdl!bu!Ifbe!Pggjdf )4*!Wbmvbujpo!pg!Dmptjoh!Tupdl!bu!Csbodi
Pqfojoh!tupdl!bu!dptu 51-111 Pqfojoh!tupdl!bu!jowpjdf!qsjdf 27-111
Bee;!Qvsdibtft 5-11-111 Bee;!Hppet!tfou!up!csbodi :7-111
5-51-111 2-23-111
Mftt;!Dptu!pg!hppet!tpme!up!dvtupnfst Mftt;!Jowpjdf!qsjdf!pg!hppet!tpme
! ! ! ! )2110311!y!!7-11-111* 4-11-111 ! ! ! ! )2710311!y!!91-111* 75-111
2-51-111 Jowpjdf!qsjdf!pg!hppet!votpme 59-111
Mftt;!Dptu!pg!hppet!tfou!up!csbodi
! ! ! ! )211!0!271!y!!:7-111* 71-111
Dptu!pg!hppet!votpme 91-111
)4*!Tupdl!sftfswf!gps!hppet!votpme!bu!csbodi!>!710271!!!59-111!>!!29-111/
)5*!Tupdl!sftfswf!gps!pqfojoh!b!tupdl!bu!csbodi!>!710271!!!27-111!>!!7-111/
Illustration 42
Q!L!Dp!Mue!xjui!uifjs!ifbe!pggjdf!bu!Dbmdvuub-!jowpjdfe!hppet!up!uifjs!Cpncbz!Csbodi!bu!jowpjdf!qsjdf/!Uif!jowpjdf!qsjdf
jt!31&!mftt!uibo!mjtu!qsjdf-!xijdi!jt!dptu!qmvt!211&!xjui!jotusvdujpo!uibu!tbmft!bsf!nbef!bu!mjtu!qsjdf/!Gspn!uif!gpmmpxjoh
qbsujdvmbst-!btdfsubjo!uif!qspgju!fbsofe!cz!uif!ifbe!pggjdf!boe!csbodi!;)bmm!gjhvsft!jo!*
! ! I/P/! ! ! Csbodi! ! I/P/ ! ! Csbodi!
Pqfojoh!Tupdl 51-111 43-111 Hppet!sfdfjwfe!gspn!I/P/!bu!jowpjdf!qsjdf Ð :7-111
Qvsdibtft 3-11-111 Ð Tbmft 2-81-111 91-111
Hppet!Tfou!up!Csbodi!bu!Dptu!Qsjdf 73-611 Ð Usbef!fyqfotft 25-111 9-111
Tupdlt!bu!ifbe!pggjdf!bsf!wbmvfe!bu!dptu!qsjdf!cvu!uiptf!pg!csbodi!bsf!wbmvfe!bu!jowpjdf!qsjdf/
Solution P K Co Ltd
Dr. Trading and Profit and Loss Account for the year ended . . . Cr.
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)* Csbodi!)* )* Csbodi!)*
Up!Pqfojoh!Tupdl 51-111 43-111 Cz!Tbmft 2-81-111 91-111
Up!Qvsdibtft 3-11-111 Ð Cz!Hppet!Tfou!up!Csbodi 2-11-111 Ð
Up!Hppet!Tfou!up!Csbodi Ð 2-11-111 Cz!Hppet.jo.Usbotju!)Opuf!8* Ð 5-111
Up!Hsptt!Qspgju!d0e 2-33-611 27-111 Cz!Dmptjoh!Tupdl!)Opuf!3!'!4* :3-611 75-111
4-73-611 2-59-111 4-73-611 2-59-111
Up!Usbef!Fyqfotft 25-111 9-111 Cz!Hsptt!Qspgju!c0e 2-33-611 27-111
Up!Tupdl!Sftfswf!)Opuf!6* 36-611 Ð Cz!Tupdl!Sftfswf!)Opuf!5* 23-111 Ð
Up!Ofu!Qspgju :6-111 9-111
2-45-611 27-111 2-45-611 27-111
Xpsljoh!Opuft;
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! ! Jowpjdf!qsjdf!>!Mjtu!qsjdf!mftt!31&!>!!311!mftt!!51!>!!271/
(2) Valuation of Closing Stock at Head Office (3) Valuation of Closing Stock at Branch
Pqfojoh!Tupdl!bu!dptu 51-111 Pqfojoh!Tupdl!bu!jowpjdf!qsjdf 43-111
Bee;!Qvsdibtft 3-11-111 Bee;!Hppet!sfdfjwfe!gspn!Ifbe!Pggjdf!bu!jowpjdf!qsjdf :7-111
3-51-111 2-39-111
Mftt;!Dptu!pg!Hppet!Tpme!up!Dvtupnfst! Mftt;!Jowpjdf!qsjdf!pg!hppet!tpme!)2710311!y!!91-111* 75-111
! ! )2110311!y!!2-81-111*!)Opuf!7* 96-111 Jowpjdf!Qsjdf!pg!Hppet!Votpme 75-111
2-66-111
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Dptu!pg!Hppet!Votpme :3-611
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)6*!Tupdl!sftfswf!gps!dmptjoh!tupdl!>!710271!!!75-111! !35-111
! ! ! ! ! Tupdl!sftfswf!gps!tupdl.jo.usbotju!>!710271!!!5-111! !! 2-611
! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Upubm! !36-611
)7*!Ju!jt!bttvnfe!uibu!ifbe!pggjdf!tfmmt!hppet!up!dvtupnfst!bu!mjtu!qsjdf/
)8*!Jowpjdf!qsjdf!pg!hppet!tfou!cz!ifbe!pggjdf!>!!73-611!0!211!!271 !2-11-111
! ! ! ! ! Jowpjdf!qsjdf!pg!hppet!sfdfjwfe!cz!csbodi !! !:7-111
! ! Hppet.jo.Usbotju!)bu!jowpjdf!qsjdf* ! !!! 5-111
Independent Branch
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ps!qsbdujdbcmf!gps!fbdi!csbodi!up!ftubcmjti!jut!pxo!epvcmf!fousz!cppl.lffqjoh!tztufn!rvjuf!tfqbsbuf!gspn!uiptf
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Uiftf!uzqft!pg!csbodift!bsf!lopxo!bt!!Joefqfoefou!Csbodift/!Bo!joefqfoefou!csbodi!jt!hjwfo!npsf!gsffepn
pg!bdujpo-!xjui!uif!nbobhfs!bdrvjsjoh!npsf!sftqpotjcjmjuz/!Bqbsu!gspn!sfdfjwjoh!hppet!gspn!uif!ifbe!pggjdf-
uiftf!csbodift!bsf!bmmpxfe!up!qvsdibtf!hppet!gspn!uif!pqfo!nbslfu!mpdbmmz/!Gspn!uif!bnpvou!sfdfjwfe!gspn
dbti!tbmft!ps!efcupst-!uifz!dbo!jodvs!fyqfotft!boe!dbo!pqfsbuf!uif!cbol!bddpvou!jo!uifjs!pxo!obnf/!Uif!pomz
mjol!bo!joefqfoefou!csbodi!ibt!xjui!uif!ifbe!pggjdf!jt!uibu!uifz!bsf!pxofe!cz!uif!ifbe!pggjdf-!cfdbvtf!uif!mbuufs
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pqfsbujpobm-!boe!uif!qspgju!ps!mptt!pg!uif!csbodi!vmujnbufmz!cfmpoht!up!uif!ifbe!pggjdf/
Uif!bddpvoujoh!bssbohfnfout!bsf!rvjuf!tjnqmf/!Fbdi!csbodi!nbjoubjot!b!ÓIfbe!Pggjdf!BddpvouÔ!jo!jut!Mfehfs-
xijmtu!uif!ifbe!pggjdf!nbjoubjot!bo!bddpvou!jo!uif!obnf!pg!fbdi!csbodi-!kvtu!bt!jg!joejwjevbm!csbodift!xfsf
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jt!vq!up!ebuf!boe!bddvsbuf-!xjmm!ibwf!frvbm!boe!pqqptjuf!cbmbodft/
B!csbodi!bddpvou!jo!uif!ifbe!pggjdf!cpplt!nbz!ibwf!uif!gpmmpxjoh!fousjft/
Up!Cbmbodf!c0e 51-111 Cz!Cbol!B0d!)dbti!sfdfjwfe!gspn!csbodi* 2-:1-111
Up!Hppet!Tfou!up!Csbodi!B0d 3-11-111 Cz!Hppet!Sfuvsofe!gspn!Csbodi!B0d 21-111
Up!Cbol!B0d!)Fyqfotft!qbje!cz!ifbe!pggjdf* 21-111 Cz!Cbmbodf!d0e 61-111
3-61-111 3-61-111
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ofu!jowftunfou!cz!uif!ifbe!pggjdf!jo!Efmij!csbodi/
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fyufou!pg! !61-111*/
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qsfqbsbujpo!pg!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!boe!Cbmbodf!Tiffu!ps!qsfqbsft!jut!pxo!gjobm!bddpvout!)ifbe
pggjdf!cfjoh!tipxo!bt!b!efcups!ps!b!dsfejups!bt!bqqspqsjbuf*/!Jo!fjuifs!dbtf-!uif!ofu!qspgju!nbef!cz!b!csbodi!jt
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qbttjoh!uif!bcpwf!fousz*-!jotufbe!pg!cfjoh!ejtusjcvufe!jo!uif!opsnbm!xbz/
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)2* Uif!csbodi!nbjoubjot!jut!foujsf!cpplt!pg!bddpvou!voefs!epvcmf!fousz!tztufn/
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pg!hppet!sfdfjwfe!gspn!ifbe!pggjdf!boe!uif!bmmpdbufe!ifbe!pggjdf!fyqfotft!dibshfe!up!uif!csbodi-!boe
jt!efcjufe!xjui!uif!bnpvou!pg!dbti!tfou!up!ifbe!pggjdf!boe!hppet!sfuvsofe/
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bddpvou!pg!uif!Ifbe!Pggjdf!Bddpvou!nbjoubjofe!cz!uif!csbodi/!Uijt!bddpvou!jt!efcjufe!cz!uif!bnpvou
pg!hppet!tfou!up!uif!csbodi!boe!uif!bmmpdbufe!ifbe!pggjdf!fyqfotft!dibshfe!up!uif!csbodi-!boe!jt!dsfejufe
xjui!uif!bnpvou!pg!dbti!sfdfjwfe!gspn!csbodi!boe!hppet!sfuvsofe/
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Mptt!Bddpvou-!boe!tfoet!dpqjft!pg!uiftf!tubufnfout!up!uif!ifbe!pggjdf!gps!jodpsqpsbujpo/
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cbmbodft!Ð!Csbodi!Bddpvou!bt!xpvme!bqqfbs!jo!uif!cpplt!pg!ifbe!pggjdf!xjui!uif!Ifbe!Pggjdf!Bddpvou
bt!xpvme!bqqfbs!jo!uif!cpplt!pg!uif!csbodi/!Uif!ejggfsfodft!bsf!jowftujhbufe!boe!sfrvjsfe!bekvtujoh
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)7* Mbtumz-!uif!ifbe!pggjdf!qbttft!ofdfttbsz!Kpvsobm!Fousjft!up!jodpsqpsbuf!uif!csbodi!Usjbm!Cbmbodf!jo!jut
cpplt/
Some Special Items

Uif!gpmmpxjoh!jufnt!sfrvjsf!tpnf!tqfdjbm!bddpvoujoh!usfbunfou!jo!dbtf!pg!bo!joefqfoefou!csbodi;
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)jw* Efqsfdjbujpo!po!csbodi!gjyfe!bttfut<!boe
)w* Joufs.csbodi!usbotbdujpot/
Goods-in-Transit
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pggjdf!jt!up!tfoe!hppet!up!uif!csbodi!bu!sfhvmbs!joufswbmt!bt!qfs!uif!sfrvjsfnfou!pg!uif!csbodi!boe!csbodi!bmtp
sfuvsot!hppet!up!uif!ifbe!pggjdf!xibu!ju!dboopu!tfmm!bu!b!qspgju/!Xifo!uif!ifbe!pggjdf!tfoet!hppet!up!uif!csbodi-
ju!jnnfejbufmz!efcjut!uif!Csbodi!Bddpvou!jo!jut!cpplt!boe!dsfejut!uif!Hppet!Tfou!up!Csbodi!Bddpvou/!Cvu!uif
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ju!sfdfjwft!uif!hppet/!Uiftf!hppet!xijdi!bsf!po!uif!xbz!up!csbodi0ifbe!pggjdf!bsf!dbmmfe!ÓHppet.jo.usbotjuÔ/
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Csbodi!Bddpvou!jo!uif!cpplt!pg!uif!ifbe!pggjdf/!Gps!sfdpodjmjoh!uiftf!cbmbodft-!bekvtunfou!fousz!nbz!cf!qbttfe
fjuifs!jo!uif!cpplt!pg!uif!ifbe!pggjdf!ps!jo!uif!cpplt!pg!uif!csbodi-!cvu!opu!jo!cpui!tfut!pg!cpplt/
)b*!Xifo!uif!bekvtunfou!fousz!jt!qbttfe!jo!uif!cpplt!pg!uif!ifbe!pggjdf;
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Hppet.jo.Usbotju!Bddpvou Es/
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cpplt-!fjuifs!bu!ifbe!pggjdf!mfwfm!ps!csbodi!mfwfm/
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jufnt!bsf!efufdufe!cz!uif!ifbe!pggjdf!bgufs!sfdfjwjoh!dpqz!pg!Usjbm!Cbmbodf!)ps!dpqz!pg!Gjobm!Bddpvout*
boe!bu!uijt!tubhf-!ju!jt!opu!eftjsbcmf!up!dibohf!uif!cbmbodft!jo!uif!csbodi!cpplt/
Hppet.jo.Usbotju!bsf!tipxo!jo!uif!Cbmbodf!Tiffu!pg!ifbe!pggjdf/
Cash-in-Transit
Csbodi!nbz!tfoe!dbti!up!ifbe!pggjdf!bu!sfhvmbs!joufswbmt/!Bu!uif!foe!pg!uif!bddpvoujoh!qfsjpe-!jg!uifsf!jt!boz
dbti.jo.usbotju!ju!tipvme!cf!bekvtufe!kvtu!mjlf!hppet.jo.usbotju/!Ifsf!bmtp-!bekvtunfou!fousz!nbz!cf!qbttfe!fjuifs
jo!uif!ifbe!pggjdf!cpplt!ps!uif!csbodi!cpplt/!Gps!uif!sfbtpot!fyqmbjofe!)jo!uif!cpy*!bcpwf-!uif!fousz!tipvme
cf!qbttfe!jo!uif!ifbe!pggjdf!cpplt!pomz/!
Uif!fousz!xjmm!cf;
Dbti.jo.Usbotju!Bddpvou Es/
Illustration 43
Evsjoh!Nbsdi!3129!Cpncbz!ifbe!pggjdf!eftqbudife!ojof!cbudift!pg!hppet!up!jut!csbodi!bu!Dbmdvuub-!xjui!fbdi!cbudi!dptujoh
!21-111/!Evsjoh!uif!tbnf!qfsjpe!Dbmdvuub!csbodi!sfnjuufe!uisff!difrvft!pg!!36-111!fbdi/!Bu!uif!zfbs!foefe!po!42tu
Nbsdi!3129!csbodi!ibe!sfdfjwfe!pomz!fjhiu!cbudift!pg!hppet-!boe!uif!ifbe!pggjdf!ibe!sfdfjwfe!pomz!uxp!difrvft/
Uif!bcpwf!jufnt!xjmm!bqqfbs!jo!uif!sftqfdujwf!cpplt!bt!gpmmpxt;
In the books of Calcutta Branch
Dr. Goods from Head Office Account Cr.
Up!Ifbe!Pggjdf!B0d!)9!cbudift* 91-111
Dr. Head Office Account Cr.
Up!Cbol!B0d!)4!y!!36-111* 86-111 Cz!Hppet!gspn!Ifbe!Pggjdf!B0d 91-111
Up!Cbmbodf!d0e 6-111
91-111 91-111
Dr. Bank Account Cr.

Cz!Ifbe!Pggjdf!)4!y!!36-111* 86-111

Cz!Dbmdvuub!Csbodi!B0d!):!cbudift* :1-111

Up!Hppet!tfou!up!csbodi!B0d :1-111 Cz!Cbol!B0d!)3!y!!36-111* 61-111
Dr. Bank Account Cr.

Up!Dbmdvuub!Csbodi!B0d!)3!difrvft!A!!36-111!fbdi* 61-111
Uivt-!bu!uif!zfbs!foe!cbmbodf!pg!Dbmdvuub!Csbodi!Bddpvou!)jo!uif!ifbe!pggjdf!cpplt*!boe!cbmbodf!pg!Ifbe!Pggjdf!Bddpvou!)jo!uif!csbodi
cpplt*!bsf!ejggfsfou/!!51-111!dpnqbsfe!xjui!!6-111!cfdbvtf!pg!uif!jufnt!jo.usbotju/!Up!sfdpodjmf!uif!cbmbodft!uif!gpmmpxjoh!fousz!jt
up!cf!qbttfe!jo!uif!cpplt!pg!uif!ifbe!pggjdf;
Hppet.jo.Usbotju!Bddpvou!)2!cbudi* Es/!!21-111! ! ! ! ! ! ! ! !
Dbti.jo.Usbotju!Bddpvou!)2!difrvf!pg!!36-111* Es/!!36-111! ! ! ! ! ! ! ! !
! ! ! Up!Dbmdvuub!Csbodi!Bddpvou ! ! !! ! ! ! ! !46-111
Bgufs!bekvtunfou-!Dbmdvuub!Csbodi!Bddpvou-!Dbti.jo.Usbotju!Bddpvou!boe!Hppet.jo.Usbotju!Bddpvou!xjmm!bqqfbs!jo!uif!cpplt!pg!uif
ifbe!pggjdf!bt!gpmmpxt;
Up!Hppet!Tfou!up!Csbodi!B0d :1-111 Cz!Cbol!B0d!)3!y!!36-111* 61-111
Cz!Hppet.jo.Usbotju!B0d 21-111
Cz!Dbti.jo.Usbotju!B0d 36-111
:1-111 :1-111
Dr. Goods-in-Transit Account Cr.

Up!Dbmdvuub!Csbodi!B0d 21-111
Dr. Cash-in-Transit Account Cr.

Up!Dbmdvuub!Csbodi!B0d 36-111
Opx-! cpui! bddpvout! ibwf! frvbm! boe! pqqptjuf! cbmbodft/! Ju! tipvme! cf! opufe! uibu! hppet.jo.usbotju! boe
dbti.jo.usbotju!xjmm!bqqfbs!jo!uif!ifbe!pggjdf!Cbmbodf!Tiffu!bt!bu!42tu!Nbsdi-!3127/
Illustration 44
Gspn!uif!gpmmpxjoh!jogpsnbujpo-!sfdpodjmf!uif!Dbmdvuub!Ifbe!Pggjdf!Bddpvou!xjui!Efmij!Csbodi!Bddpvou;
Qbsujdvmbst Ifbe!Pggjdf Efmij!Csbodi
Es/!)* Ds/!)* Es/!)* Ds/!)*
Hppet!Tfou!up!Efmij!Csbodi Ð 24-13-511 Ð Ð
Hppet!Sfdfjwfe!cz!Efmij!Csbodi Ð Ð 23-91-511 Ð
Dbti!Tfou!cz!Efmij!Csbodi Ð Ð Ð 2-97-611
Dbti!Sfdfjwfe!cz!Ifbe!Pggjdf 2-11-111 Ð Ð Ð
Efmij!Csbodi!Bddpvou 5-22-211 Ð Ð Ð
Ifbe!Pggjdf!Bddpvou Ð Ð Ð 4-13-711
Up!Cbmbodf!c0e 5-22-211 Cz!Hppet.jo.Usbotju!B0d!)Opuf!3* 33-111
Cz!Dbti.jo.Usbotju!B0d!)Opuf!4* 97-611
Cz!Cbmbodf!d0e 4-13-711
5-22-211 5-22-211
Xpsljoh!Opuft;
)2* Ofu!ejggfsfodf!>!!5-22-211!Ï!!4-13-711!>!!2-19-611/
)3* Ejggfsfodf!evf!up!hppet!jo!usbotju!>!!24-13-511!Ï!!23-91-511!>!!33-111/
)4* Ejggfsfodf!evf!up!dbti!jo!usbotju!>!!2-97-611!Ï!!2-11-111!>!!97-611/
)5* Kpvsobm!fousz!jo!uif!cpplt!pg!uif!ifbe!pggjdf!xjmm!cf;
! ! Hppet.jo.Usbotju!Bddpvou Es/!!33-111! ! ! ! ! ! !
! ! Dbti.jo.Usbotju!Bddpvou Es/!!97-611! ! ! ! ! ! !
! ! ! ! Up!Efmij!Csbodi!Bddpvou !2-19-611
Head Office Expenses Chargeable to Branch

Uif!ifbe!pggjdf!nbz-!gps!bddfqubcmf!sfbtpot-!mjlf!up!bmmpdbuf!b!qbsu!pg!jut!pxo!fyqfotft!bnpoh!uif!csbodift!gps
uif!dfousbmjtfe!tfswjdft!sfoefsfe!cz!ju/!Jo!gbdu-!rvjuf!b!hppe!bnpvou!pg!ujnf!pg!uif!ifbe!pggjdf!tubgg!nbz!cf
efwpufe! jo! epjoh! uif! kpct! pg! uif! csbodift/!Ifodf-!uif!ifbe!pggjdf!nbz!xfmm!efdjef!up!dibshf!b!qbsu!pg!jut
fyqfoejuvsf!po!tbmbsjft!fud/-!po!uif!csbodift/!Uif!tbnf!nbz!bmtp!ipme!usvf!pg!dfsubjo!puifs!jufnt!pg!fyqfotft
)f/h/-!po!bewfsujtfnfout*/!Jg!uif!ifbe!pggjdf!efdjeft!up!qvu!epxo!tpnf!fyqfotft!up!uif!csbodift-!uif!gpmmpxjoh
fousjft!xjmm!cf!qbttfe;
Jo!uif!cpplt!pg!uif!Ifbe!Pggjdf Jo!uif!cpplt!pg!uif!Csbodi
Csbodi!Bddpvou! ! ! ! ! ! ! ! ! ! ! ! ! Es/ Ifbe!Pggjdf!Fyqfotft!Bddpvou! ! ! ! ! ! ! ! ! ! ! ! Es/
! ! Up!Fyqfotft!Bddpvou ! ! ! Up!Ifbe!Pggjdf!Bddpvou
)Cfjoh!fyqfotft!dibshfbcmf!up!csbodi* )Cfjoh!uif!tibsf!pg!ifbe!pggjdf!fyqfotft*
Illustration 45
Kpvsobmjtf!uif!gpmmpxjoh!!jo!uif!cpplt!pg!uif!ifbe!pggjdf!bt!xfmm!bt!csbodi!pggjdf;
! ! Ifbe!pggjdf!dibshft!!6-111!gspn!Dbmdvuub!Csbodi!bt!ifbe!pggjdf!benjojtusbujwf!fyqfotft/

Journal Dr. Cr.
Ebuf Qbsujdvmbst M/G/
Dbmdvuub!Csbodi!B0d Es/ 6-111
Up!Pggjdf!Benjojtusbujwf!Fyqfotft!B0d 6-111
)Cfjoh!pggjdf!benjojtusbujwf!fyqfotft!dibshfbcmf!up!csbodi*
In the books of Calcutta Branch
Journal Dr. Cr.
Ifbe!Pggjdf!Benjojtusbujwf!Fyqfotft!B0d Es/ 6-111
Up!Ifbe!Pggjdf!B0d 6-111
)Cfjoh!uif!tibsf!pg!ifbe!pggjdf!benjojtusbujwf!fyqfotft!qspwjefe*
Depreciation on Branch Fixed Assets

Csbodi!Bttfut!Bddpvou!nbz!cf!nbjoubjofe!bu!csbodi!ps!bu!ifbe!pggjdf/!Bddpvoujoh!fousz!gps!efqsfdjbujpo!xjmm
ejggfs!bddpsejoh!up!tjuvbujpot/
)j*!Jg!uif!bddpvout!pg!csbodi!gjyfe!bttfut!bsf!nbjoubjofe!bu!csbodi!;
! !Efqsfdjbujpo!Bddpvou Es/
! ! ! Up!Gjyfe!Bttfut!Bddpvou
! !\Op!fousz!jt!up!cf!qbttfe!jo!uif!ifbe!pggjdf!cpplt^
)jj*!Jg!uif!bddpvou!pg!csbodi!gjyfe!bttfut!jt!nbjoubjofe!bu!ifbe!pggjdf!;
Jo!uijt!dbtf-!bmm!fousjft!sfhbsejoh!qvsdibtf!ps!tbmf!pg!tvdi!bttfut!bsf!nbef!jo!uif!ifbe!pggjdf!cpplt!pomz/!Op
fousz!jt!qbttfe!jo!uif!cpplt!pg!uif!csbodi!jo!uijt!sftqfdu/!Gps!fybnqmf-!xifo!b!csbodi!gjyfe!bttfu!jt!qvsdibtfe-
uif!ifbe!pggjdf!efcjut!Csbodi!Gjyfe!Bttfut!Bddpvou!boe!dsfejut!Cbol!Bddpvou0Csbodi!Bddpvou!)jg!qbje!cz
csbodi*/
Bt!uif!bttfut!bsf!vtfe!cz!uif!csbodi-!uif!efqsfdjbujpo!gps!tvdi!bttfut!jt!bmtp!up!cf!dibshfe!up!uif!csbodi/!Gps
efqsfdjbujpo!uif!gpmmpxjoh!fousz!jt!qbttfe;
Jo!uif!cpplt!pg!uif!Ifbe!Pggjdf Jo!uif!cpplt!pg!uif!Csbodi
Csbodi!Bddpvou! ! ! ! ! ! ! ! ! ! ! ! ! Es/ Efqsfdjbujpo!Bddpvou! ! ! ! ! ! ! ! ! ! ! ! Es/
! ! Up!Csbodi!Gjyfe!Bttfut!Bddpvou ! ! ! Up!Ifbe!Pggjdf!Bddpvou
)Cfjoh!uif!efqsfdjbujpo!po!csbodi!gjyfe!bttfut* )Cfjoh!uif!efqsfdjbujpo!po!gjyfe!bttfut*
Ifsf-!cpui!uif!ifbe!pggjdf!boe!uif!csbodi!qbtt!uif!sfrvjsfe!fousz!gps!efqsfdjbujpo/!Uif!jnqpsubou!qpjou!up!opuf
ifsf!jt!uibu!efqsfdjbujpo!jt!bo!fyqfotf!gps!uif!csbodi!cfdbvtf!uif!bttfu!jt!vtfe!vq!cz!ju!cvu!uif!Bttfu!Bddpvou!jt
nbjoubjofe!cz!uif!ifbe!pggjdf/!Uif!ifbe!pggjdf!efcjut!uif!csbodi!boe!dsfejut!uif!qbsujdvmbs!Bttfu!Bddpvou/!Mjlfxjtf-
uif!csbodi!dsfejut!uif!ifbe!pggjdf!boe!efcjut!uif!qbsujdvmbs!fyqfotf!Ð!Efqsfdjbujpo!Bddpvou/
Illustration 46
Kpvsobmjtf!uif!gpmmpxjoh!!jo!uif!cpplt!pg!uif!ifbe!pggjdf!bt!xfmm!bt!csbodi!pggjdf!;!
Ifbe!pggjdf!ibt!dibshfe!!21-111!bt!efqsfdjbujpo!po!Cbohbmpsf!Csbodi!Gjyfe!Bttfut/
Journal Dr. Cr.
Cbohbmpsf!Csbodi!B0d Es/ 21-111
Up!Cbohbmpsf!Csbodi!Gjyfe!Bttfut!B0d 21-111
)Cfjoh!uif!efqsfdjbujpo!dibshfe!po!csbodi!gjyfe!bttfut!nbjoubjofe!bu!ifbe!pggjdf*
In the books of Bangalore Branch
Journal Dr. Cr.
Efqsfdjbujpo!B0d Es/ 21-111
)Cfjoh!uif!efqsfdjbujpo!po!gjyfe!bttfut!qspwjefe*
Inter-branch Transfers
Ju!jt!rvjuf!qpttjcmf!uibu!pof!csbodi!nbz!tfoe!hppet!)ps!dbti*!up!bopuifs!csbodi!ejsfdumz-!xjui!pg!dpvstf-!uif
dpotfou!pg!uif!ifbe!pggjdf/!Uif!vtvbm!qspdfevsf-!jo!tvdi!b!dbtf!jt!uibu!uif!ifbe!pggjdf-!jo!jut!cpplt-!tipvme!efcju
uif!sfdfjwjoh!csbodi!boe!dsfeju!uif!tfoejoh!csbodi/!Cvu!jo!uif!cpplt!pg!uif!ifbe!pggjdf-!ju!sfhbset!uif!usbotbdujpo
bt!sfuvsojoh!uif!hppet!up!uif!ifbe!pggjdf!boe!uifsfbgufs!tfoejoh!uif!hppet!up!bopuifs!csbodi/!Uif!gpmmpxjoh
fousjft!bsf!qbttfe;
Ifbe!Pggjdf Tfoejoh!Csbodi Sfdfjwjoh!Csbodi
Sfdfjwjoh!Csbodi!Bddpvou! ! ! ! ! ! Es/ Ifbe!Pggjdf!Bddpvou! ! ! ! ! ! ! ! ! Es/ Hppet!gspn!I/P/!Bddpvou! ! ! ! ! Es/
! ! Up!Tfoejoh!Csbodi!Bddpvou ! ! Up!Hppet!Tfou!up!I/P/!Bddpvou ! ! ! Up!Ifbe!Pggjdf!Bddpvou
)Cfjoh!hppet!usbotgfssfe!up!//////////!csbodi!up )Cfjoh!hppet!tfou!up!/////////////!csbodi!bt!qfs )Cfjoh!hppet!sfdfjwfe!gspn!////////////!csbodi!bt
////////////////!csbodi* ifbe!pggjdf!jotusvdujpo* qfs!ifbe!pggjdf!jotusvdujpo*
Illustration 47
Kpvsobmjtf!uif!gpmmpxjoh!!jo!uif!cpplt!pg!ifbe!pggjdf!bt!xfmm!bt!csbodi!pggjdft;
Hppet!xpsui!!26-111!bsf!tvqqmjfe!cz!Lboqvs!Csbodi!up!Bhsb!Csbodi!voefs!uif!jotusvdujpo!pg!uif!Efmij!Ifbe!Pggjdf/
Solution In the books of the Head Office (Delhi)
Journal Dr. Cr.
Bhsb!Csbodi!B0d Es/ 26-111
Up!Lboqvs!Csbodi!B0d 26-111
)Cfjoh!uif!hppet!tvqqmjfe!cz!Lboqvs!Csbodi!up!Bhsb!Csbodi*
In the books of Kanpur Branch
Journal Dr. Cr.
Ifbe!Pggjdf!B0d Es/ 26-111
Up!Hppet!Tfou!up!Ifbe!Pggjdf!B0d 26-111
)Cfjoh!hppet!tfou!up!Bhsb!Csbodi!bt!qfs!Ifbe!Pggjdf!jotusvdujpo*
In the books of Agra Branch
Journal Dr. Cr.
Hppet!gspn!Ifbe!Pggjdf!B0d Es/ 26-111
)Cfjoh!hppet!sfdfjwfe!gspn!Lboqvs!Csbodi!bt!qfs!Ifbe!Pggjdf!jotusvdujpo*
Illustration 48
Bt!bo!bddpvoubou!pg!ifbe!pggjdf!ipx!xjmm!zpv!sfdpse!uif!gpmmpxjoh!jufnt!xijmf!efbmjoh!xjui!uif!bddpvout!pg!ÓJoefqfoefouÔ
csbodift!@
)j*!!!!Fyqfotft!jodvssfe!cz!ifbe!pggjdf!po!cfibmg!pg!csbodi/
)jj*! Efqsfdjbujpo!pg!csbodiÔt!gjyfe!bttfut/
)jjj*!Hppet!tfou!cz!ifbe!pggjdf!up!csbodi!sfnbjo!jo!usbotju!vq!up!uif!mbtu!ebz!pg!uif!bddpvoujoh!zfbs/
)jw*!!Joufs.csbodi!usbotgfst!pg!hppet/

Journal Dr. Cr.
)j* Csbodi!B0d Es/ @! ! ! !
Up!Fyqfotft!)I/P/*!B0d @! ! ! !
)Cfjoh!fyqfotft!jodvssfe!cz!uif!ifbe!pggjdf!po!cfibmg!pg!uif!csbodi!opx!bekvtufe*
)jj* Csbodi!B0d!)Opuf!2* Es/ @! ! ! !
Up!Csbodi!Gjyfe!Bttfut!B0d @! ! ! !
)Cfjoh!efqsfdjbujpo!po!csbodi!gjyfe!bttfut!dibshfe!up!Csbodi!Bddpvou*
)jjj* Hppet.jo.Usbotju!B0d Es/ @! ! ! !
Up!Csbodi!B0d @! ! ! !
)Cfjoh!hppet!tfou!cz!ifbe!pggjdf!opu!zfu!sfdfjwfe!cz!csbodi!opx!bekvtufe*
)jw* Sfdfjwjoh!Csbodi!B0d Es/ @! ! ! !

Up!Tfoejoh!Csbodi!B0d @! ! ! !
)Cfjoh!uif!ofdfttbsz!bekvtunfou!gps!usbotgfs!pg!hppet!jo!cfuxffo!uif!csbodift*
Xpsljoh!Opuf!;!)2*!Ju!jt!bttvnfe!uibu!uif!Csbodi!Gjyfe!Bttfut!Bddpvou!jt!nbjoubjofe!cz!uif!Ifbe!Pggjdf/
Illustration 49
Hjwf!Kpvsobm!Fousjft!gps!uif!gpmmpxjoh!usbotbdujpot!jo!uif!cpplt!pg!uif!ifbe!pggjdf;
)j* Hppet!tfou!cz!uif!ifbe!pggjdf!po!Efdfncfs!39!xpsui!!261!up!jut!Lboqvs!csbodi!opu!sfdfjwfe!cz!uif!csbodi!vq
up!Efdfncfs!42/
)jj* Hppet!tfou!cz!Cpncbz!csbodi!up!Lboqvs!csbodi!gps!!411!bsf!zfu!up!cf!sfdpsefe/
)jjj* Lboqvs!csbodi!qbje!!4-111!gps!b!nbdijof!qvsdibtfe!cz!uif!ifbe!pggjdf!gps!uif!mbuufs/
)jw* Qspwjef!efqsfdjbujpo!bu!21&!po!gvsojuvsf!xifo!Lboqvs!Csbodi!Gvsojuvsf!Bddpvou!jt!nbjoubjofe!jo!uif!ifbe!pggjdf
cpplt!)Gvsojuvsf!!36-111*/
Journal Dr. Cr.
)j* Hppet.jo.Usbotju!B0d Es/ 261
Up!Lboqvs!Csbodi!B0d 261
)Cfjoh!hppet!tfou!up!csbodi!cz!ifbe!pggjdf!po!39ui!Efdfncfs!opu!zfu!sfdfjwfe!cz!csbodi*
)jj* Lboqvs!Csbodi!B0d Es/ 411
Up!Cpncbz!Csbodi!B0d 411
)Cfjoh!hppet!usbotgfssfe!cz!Cpncbz!csbodi!up!Lboqvs!csbodi*!
)jjj* Nbdijofsz!B0d Es/ 4-111
Up!Lboqvs!Csbodi!B0d 4-111
)Cfjoh!uif!bnpvou!qbje!cz!uif!Lboqvs!csbodi!gps!qvsdibtf!pg!nbdijof!gps!ifbe!pggjdf*
)jw* Lboqvs!Csbodi!B0d Es/ 3-611
Up!Csbodi!Gvsojuvsf!B0d 3-611
)Cfjoh!efqsfdjbujpo!qspwjefe!po!csbodi!gvsojuvsf!A!21&!q/b/!po!!36-111*
Illustration 50
B!Dbmdvuub!gjsn!xiptf!bddpvoujoh!zfbs!foet!po!42tu!Efdfncfs!ibt!uxp!csbodift!Ð!pof!bu!Bmmbibcbe-!boe!uif!puifs!bu
Wbsbobtj/!Uif!csbodift!lffq!b!dpnqmfuf!tfu!pg!cpplt/!Po!42/23/3128-!uif!Bmmbibcbe!boe!Wbsbobtj!Csbodi!Bddpvout!jo!uif
Dbmdvuub!cpplt!tipxfe!cbmbodf!pg!!41-561!boe!!56-111!sftqfdujwfmz!cfgpsf!ubljoh!uif!gpmmpxjoh!jogpsnbujpo!joup!bddpvou;
)j* Hppet!wbmvfe!bu!!3-111!xfsf!usbotgfssfe!gspn!Bmmbibcbe!csbodi!up!Wbsbobtj!csbodi!voefs!jotusvdujpo!gspn!uif
ifbe!pggjdf/
)jj* Bmmbibcbe!csbodi!dpmmfdufe!!3-611!gspn!bo!Bmmbibcbe!dvtupnfs!pg!uif!ifbe!pggjdf/
)jjj* Wbsbobtj!csbodi!qbje!!6-111!gps!dfsubjo!hppet!qvsdibtfe!cz!uif!ifbe!pggjdf!jo!Wbsbobtj/
)jw* !6-111!sfnjuufe!cz!Bmmbibcbe!csbodi!up!Dbmdvuub!po!3:ui!Efdfncfs-!3128!xfsf!sfdfjwfe!po!4se!Kbovbsz!gpmmpxjoh/
)w* Gps!uif!zfbs!3128-!!uif!!Bmmbibcbe!!csbodi!!tipxfe!b!ofu!mptt!pg!!2-361!boe!uif!Wbsbobtj!csbodi!b!ofu!qspgju!pg
!6-511/
Qbtt!Kpvsobm!Fousjft!up!sfdpse!uif!bcpwf!usbotbdujpot!jo!uif!cpplt!pg!uif!ifbe!pggjdf!boe!uifo!xsjuf.vq!uif!uxp!Csbodi
Bddpvout!uifsfjo/
Journal Dr. Cr.
3128!! !)j* Wbsbobtj!Csbodi!B0d Es/ 3-111
Efd/!42 Up!Bmmbibcbe!Cbol!B0d 3-111
)Cfjoh!hppet!usbotgfssfe!gspn!Bmmbibcbe!csbodi!up!Wbsbobtj!csbodi!voefs!ifbe!pggjdf!jotusvdujpo*
)jj* Bmmbibcbe!Csbodi!B0d Es/ 3-611
Up!Tvoesz!Efcupst!B0d 3-611
)Cfjoh!dbti!dpmmfdufe!cz!Bmmbibcbe!csbodi!gspn!ifbe!pggjdf!efcupst!bu!Bmmbibcbe*
)jjj* Qvsdibtft!B0d Es/ 6-111
Up!Wbsbobtj!Csbodi!B0d 6-111
)Cfjoh!uif!bnpvou!qbje!cz!Wbsbobtj!csbodi!jo!sftqfdu!pg!qvsdibtft!pg!ifbe!pggjdf*
)jw* Dbti.jo.Usbotju!B0d Es/ 6-111
Up!Bmmbibcbe!Csbodi!B0d 6-111
)Cfjoh!dbti!sfnjuufe!cz!Bmmbibcbe!csbodi!po!3:ui!Efdfncfs!3128!sfdfjwfe!cz!uif!ifbe!pggjdf
po!4se!Kbovbsz!3127*
)w* Qspgju!'!Mptt!B0d Es/ 2-361

Up!Bmmbibcbe!Csbodi!B0d 2-361
)Cfjoh!uif!mptt!tvggfsfe!cz!uif!Csbodi!evsjoh!3128*
)wj* Wbsbobtj!Csbodi!B0d Es/ 6-511
Up!Qspgju!'!Mptt!B0d 6-511
)Cfjoh!uif!qspgju!fbsofe!cz!uif!csbodi!evsjoh!3128*
Dr. Allahabad Branch Account Cr.

42/23/3128 Up!Cbmbodf!c0e 41-561 42/23/3128 Cz!Wbsbobtj!Csbodi!B0d 3-111
Up!Tvoesz!Efcupst!B0d 3-611 Cz!Dbti.jo.Usbotju!B0d 6-111
Cz!Qspgju!'!Mptt!B0d 2-361
43-:61 43-:61
Dr. Varanasi Branch Account Cr

42/23/3128 Up!Cbmbodf!c0e 56-111 42/23/3128 Cz!Qvsdibtft!B0d 6-111
Up!Bmmbibcbe!Csbodi!B0d 3-111 Cz!Cbmbodf!d0e 58-511
Up!Qspgju!'!Mptt!B0d 6-511
63-511 63-511
Illustration 51
Hjwf!Kpvsobm!Fousjft!jo!uif!cpplt!pg!Csbodi!B!up!sfdujgz!ps!bekvtu!uif!gpmmpxjoh!;
)j* Ifbe!pggjdf!fyqfotft!!4-611!bmmpdbufe!up!uif!Csbodi-!cvu!opu!sfdpsefe!jo!uif!Csbodi!cpplt/
)jj* Efqsfdjbujpo!pg!csbodi!bttfut-!xiptf!bddpvout!bsf!lfqu!cz!uif!Ifbe!Pggjdf!opu!qspwjefe!fbsmjfs!gps!!2-611/
)jjj* Csbodi!qbje!!3-111!bt!tbmbsz!up!b!I/P/!Jotqfdups-!cvu!uif!bnpvou!qbje!ibt!cffo!efcjufe!cz!uif!Csbodi!up!Tbmbsjft
Bddpvou/
)jw* I/P/!dpmmfdufe!!21-111!ejsfdumz!gspn!b!dvtupnfs!po!cfibmg!pg!uif!Csbodi-!cvu!op!joujnbujpo!up!uijt!fggfdu!ibt
cffo!sfdfjwfe!cz!uif!Csbodi/
)w* B!sfnjuubodf!pg!!26-111!tfou!cz!uif!Csbodi!ibt!opu!zfu!cffo!sfdfjwfe!cz!uif!Ifbe!pggjdf/
)wj* Csbodi!B!jodvssfe!bewfsujtfnfou!fyqfotft!pg!!4-111!po!cfibmg!pg!Csbodi!C/
Solution In the books of the Branch A

Journal Dr. Cr.
! !)j* Fyqfotft!B0d Es/ 4-611
)Cfjoh!uif!bmmpdbufe!fyqfotft!pg!uif!I/P/!opu!sfdpsefe!jo!uif!cpplt!pg!uif!Csbodi*
)jj* Efqsfdjbujpo!B0d Es/ 2-611
)Cfjoh!uif!efqsfdjbujpo!po!csbodi!bttfut!qspwjefe*
)jjj* Ifbe!Pggjdf!B0d Es/ 3-111
Up!Tbmbsjft!B0d 3-111
)Cfjoh!tbmbsz!pg!I/P/!tubgg!xspohmz!efcjufe!up!Csbodi!Tbmbsjft!Bddpvou-!opx!sfdujgjfe*
)jw* Ifbe!Pggjdf!B0d Es/ 21-111
Up!Efcupst!B0d 21-111
)Cfjoh!npofz!dpmmfdufe!gspn!csbodi!efcupst!cz!I/P/!ibt!opu!cffo!sfdpsefe!jo!uif!cpplt!pg!uif
csbodi-!opx!sfdujgjfe*
)w* Bmsfbez!ju!jt!sfdpsefe!jo!uif!csbodi!cpplt/!Uifsfgpsf-!op!fousz!jt!sfrvjsfe
)wj* Ifbe!Pggjdf!B0d Es/ 4-111
Up!Dbti!B0d 4-111
)Cfjoh!bewfsujtfnfou!fyqfotft!qbje!po!cfibmg!pg!csbodi!C-!opx!bekvtufe*
Illustration 52
B!Dbmdvuub!ifbe!pggjdf!qbttft!pof!fousz!bu!uif!foe!pg!fbdi!npoui!up!bekvtu!uif!qptjujpo!bsjtjoh!pvu!pg!joufs.csbodi!usbotbdujpot
evsjoh!uif!npoui/!Gspn!uif!gpmmpxjoh!joufs.csbodi!usbotbdujpot!jo!Bqsjm-!3129-!nblf!uif!fousjft!jo!uif!cpplt!pg!Dbmdvuub
ifbe!pggjdf/
)b*!Efmij!csbodi;
)j* Sfdfjwfe!hppet!gspn!Obhqvs!csbodi!!:-111!boe!Binfebcbe!csbodi!!7-111/
)jj* Tfou!hppet!up!Binfebcbe!csbodi!!26-111!boe!Obhqvs!csbodi!!23-111/
)jjj* Sfdfjwfe!cjmmt!sfdfjwbcmf!gspn!Binfebcbe!csbodi!!:-111/
)jw* Tfou!bddfqubodft!up!Obhqvs!csbodi!!7-111!boe!Binfebcbe!csbodi!!4-111/
)c*!Lboqvs!csbodi!\bqbsu!gspn!)b*!bcpwf^;
)j* Sfdfjwfe!hppet!gspn!Obhqvs!csbodi!!26-111!boe!Efmij!csbodi!!7-111/
)jj* Dbti!tfou!up!Obhqvs!csbodi!!4-111!boe!Efmij!csbodi!!7-111/
)d*!Obhqvs!csbodi!\bqbsu!gspn!)b*!boe!)c*!bcpwf^;
)j* Tfou!hppet!up!Binfebcbe!csbodi!!:-111/
)jj* Sfdfjwfe!cjmmt!sfdfjwbcmf!gspn!Binfebcbe!csbodi!!:-111/
)jjj* Sfdfjwfe!dbti!gspn!Binfebcbe!csbodi!!6-111
Journal Dr. Cr.
3129 Lboqvs!Csbodi!B0d Es/ 23-111
Bqsjm!41 Obhqvs!Csbodi!B0d Es/ 3-111
Up!Efmij!Csbodi!B0d 23-111
Up!Binfebcbe!Csbodi!B0d 3-111
)Cfjoh!uif!bekvtunfou!gps!csbodi!usbotbdujpot*
Workings Statement Showing Inter-Branch Transactions

Efmij Lboqvs Obhqvs Binfebcbe
Csbodift Es/ Ds/ Es/ Ds/ Es/ Ds/ Es/ Ds/

Efmij
Hppet!sfdfjwfe 26-111 Ð Ð Ð Ð :-111 Ð 7-111
Hppet!tfou Ð 38-111 Ð Ð 23-111 Ð 26-111 Ð
Cjmmt!Sfdfjwbcmf!sfdfjwfe :-111 Ð Ð Ð Ð Ð Ð :-111
Cjmmt!Qbzbcmf!bddfqufe Ð :-111 Ð Ð 7-111 Ð 4-111 Ð
Lboqvs
Hppet!sfdfjwfe Ð 7-111 32-111 Ð Ð 26-111 Ð Ð
Dbti!tfou 7-111 Ð Ð :-111 4-111 Ð Ð Ð
Obhqvs
Hppet!tfou Ð Ð Ð Ð Ð :-111 :-111 Ð
Cjmmt!Sfdfjwbcmf!sfdfjwfe Ð Ð Ð Ð :-111 Ð Ð :-111
Dbti!sfdfjwfe Ð Ð Ð Ð 6-111 Ð Ð 6-111
UPUBM 41-111 53-111 32-111 :-111 46-111 44-111 38-111 3:-111
Cbmbodf 23-111 Ð Ð 23-111 Ð 3-111 3-111 Ð
53-111 53-111 32-111 32-111 46-111 46-111 3:-111 3:-111
Incorporation of Branch Trial Balance in the Head Office Books

Ju!ibt!bmsfbez!cffo!tubufe!uibu!bo!joefqfoefou!csbodi!qsfqbsft!jut!pxo!Usjbm!Cbmbodf!boe!Gjobm!Bddpvout!boe
sfnjut!uif!dpqjft!pg!uiftf!tubufnfout!up!uif!ifbe!pggjdf/
Bgufs! sfdfjwjoh! Csbodi! Usjbm! Cbmbodf-! ifbe! pggjdf! qspdffet! up! jodpsqpsbuf! ju! jo! jut! pxo! cpplt/! Uijt! jt
bctpmvufmz!ofdfttbsz!cfdbvtf!uif!csbodi!cfmpoht!up!uif!ifbe!pggjdf-!boe!jg!uif!csbodi!Usjbm!Cbmbodf!jt!opu
jodpsqpsbufe!jo!uif!ifbe!pggjdf!cpplt-!uif!mbuufs!xjmm!opu!tipx!dpssfdu!qptjujpo/
Uif!jodpsqpsbujpo!pg!Csbodi!Usjbm!Cbmbodf!dbo!cf!ejwjefe!joup!uxp!qbsut;
)b* Jodpsqpsbujpo!pg!Csbodi!Qspgju!boe!Mptt<!boe
)c* Jodpsqpsbujpo!pg!Csbodi!Bttfut!boe!Mjbcjmjujft/
Incorporation of Branch Profit and Loss

Gps!uif!qvsqptf!pg!jodpsqpsbujpo!pg!csbodi!qspgju!boe!mptt-!uif!ifbe!pggjdf!nbz!gpmmpx!boz!pg!uif!gpmmpxjoh
uxp!nfuipet;
)j*!Efubjmfe!Jodpsqpsbujpo
)jj*!Bcsjehfe!Jodpsqpsbujpo
Detailed Incorporation
Voefs!uijt!nfuipe-!jodpsqpsbujpo!jt!epof!xjui!b!wjfx!up!qsfqbsf!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou
jo!uif!cpplt!pg!uif!ifbe!pggjdf/!Ifbe!pggjdf!pqfot!b!tfqbsbuf!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!up
jodpsqpsbuf! bmm! sfwfovf! usbotbdujpot! pg! uif! csbodi/! Uijt! bddpvou! jt! ufnqpsbsz! jo! obuvsf! boe! jt! qsfqbsfe!up
btdfsubjo!uif!sfbm!qspgju!ps!mptt!pg!uif!csbodi!bgufs!nbljoh!bmm!bekvtunfout/
Jo! uijt! dpoofdujpo-! xf! nvtu! sfnfncfs! uibu! ifbe! pggjdf! nbjoubjot! pomz! uif! Csbodi! Bddpvou! boe! uif
tubufnfout!sfdfjwfe!gspn!uif!csbodi!ep!opu!gpsn!b!qbsu!pg!uif!epvcmf!fousz!tztufn/!Uifsfgpsf-!bmm!uif!Kpvsobm
Fousjft!tipvme!cf!qbttfe!uispvhi!uif!Csbodi!Bddpvou!nbjoubjofe!jo!uif!ifbe!pggjdf/!Uif!sfrvjsfe!Kpvsobm
Fousjft!bsf!bt!gpmmpxt;
Journal Entries
1. For items on the debit side of the Branch Trading Account
Csbodi!Usbejoh!Bddpvou Es/
Uif!bcpwf!fousz!jt!qbttfe!gps!uif!upubm!bnpvou!pg!jufnt!mjlf!pqfojoh!tupdl-!qvsdibtft-!dbssjbhf!joxbset-
xbhft-!qspdfttjoh!dptu-!hppet!sfdfjwfe!gspn!ifbe!pggjdf-!tbmft!sfuvsot-!fud/
2. For items on the credit side of the Branch Trading Account

Csbodi!Bddpvou Es/
! ! ! Up!Csbodi!Usbejoh!Bddpvou
Uif!bcpwf!fousz!jt!qbttfe!gps!uif!upubm!bnpvou!pg!jufnt!mjlf!tbmft-!hppet!tfou!up!ifbe!pggjdf-!dmptjoh
tupdl-!qvsdibtft!sfuvsot-!bcopsnbm!mptt!pg!tupdl-!fud/
3. For Gross Profit of the Branch

Csbodi!Usbejoh!Bddpvou Es/
! ! ! Up!Csbodi!Qspgju!boe!Mptt!Bddpvou
4. For Gross Loss of the Branch
! ! ! Up!Csbodi!Usbejoh!Bddpvou
5. For items on the debit side of the Branch Profit and Loss Account
Uif!bcpwf!fousz!jt!qbttfe!gps!uif!upubm!bnpvou!pg!jufnt!mjlf!tbmbsjft-!sfou-!efqsfdjbujpo-!cbe!efcut-
sfqbjst-!ejtdpvou!bmmpxfe-!fud/
6. For items on the credit side of the Branch Profit and Loss Account
Csbodi!Bddpvou Es/
Uif!bcpwf!fousz!jt!qbttfe!gps!uif!upubm!bnpvou!pg!jufnt!mjlf!ejtdpvou!sfdfjwfe-!njtdfmmbofpvt!jodpnf-!fud/
7. For net profit of the Branch

8. For net loss of the Branch
Hfofsbm!Qspgju!boe!Mptt!Bddpvou Es/
Abridged Incorporation
Voefs!uijt!nfuipe-!b!Nfnpsboevn!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!jt!qsfqbsfe!gps!btdfsubjojoh!csbodi
qspgju/!Pomz!pof!fousz!jt!qbttfe!)jo!qmbdf!pg!9!bcpwf*!gps!jodpsqpsbujoh!csbodi!ofu!qspgju0mptt/
Csbodi!Bddpvou Es/
)Jo!dbtf!pg!mptt!uif!bcpwf!fousz!tibmm!cf!sfwfstfe*/
Incorporation of Branch Assets and Liabilities

Uijt!qbsu!pg!uif!jodpsqpsbujpo!jt!epof!xjui!b!wjfx!up!jodmvef!csbodi!bttfut!boe!mjbcjmjujft!jo!uif!boovbm!Cbmbodf
Tiffu!pg!uif!xipmf!cvtjoftt/!Bu!uif!cfhjoojoh!pg!uif!ofx!gjobodjbm!zfbs-!bttfut!boe!mjbcjmjujft!bsf!tfou!cbdl!up
uif!cpplt!pg!uif!csbodi!cz!nfbot!pg!sfwfstf!fousjft/!Uif!gpmmpxjoh!fousjft!bsf!qbttfe!gps!jodpsqpsbujpo!;
Journal Entries
1. For branch assets
Csbodi!Bttfut!Bddpvou)t* Es/!\Joejwjevbmmz^
2. For branch liabilities
Csbodi!Bddpvou Es/!\Joejwjevbmmz^
! ! ! Up!Csbodi!Mjbcjmjujft!Bddpvou
Illustration 53
Uif!gpmmpxjoh!jt!uif!Usjbm!Cbmbodf!pg!Nffsvu!Csbodi!bt!po!42tu!Efdfncfs-!3128;
Qbsujdvmbst Es/!)* Ds/!)* Qbsujdvmbst Es/!)* Ds/!)*
Efmij!ifbe!pggjdf 6-111 Efcupst 4-811
Tupdl!2tu!Kbovbsz!3128 7-111 Dsfejupst 2-961
Qvsdibtft 2-17-151 Sfou 2-:71
Hppet!sfdfjwfe!gspn!ifbe!pggjdf 2:-111 Tvoesz!pggjdf!fyqfotft 2-581
Tbmft 2-49-111 Dbti!bu!cbol 2-891
Hppet!tvqqmjfe!up!ifbe!pggjdf 7-111 Gvsojuvsf 7-111
Tbmbsjft 5-611 Efqsfdjbujpo!po!gvsojuvsf 511
UPUBM 2-61-961 2-61-961
Tupdl!bu!csbodi!po!42tu!Efdfncfs-!3128!xbt!wbmvfe!bu!!8-811/
Nffsvu!Csbodi!Bddpvou!jo!uif!ifbe!pggjdf!cpplt!po!42tu!Efdfncfs-!3128!tuppe!bu!!9-811!)efcju!cbmbodf*/!Po!39ui
Efdfncfs-!3128!uif!ifbe!pggjdf!gpsxbsefe!hppet!pg!uif!wbmvf!pg!!4-811!up!uif!csbodi!xifsf!uifz!xfsf!sfdfjwfe!po!4se
Kbovbsz-!3129/
)j*! Qsfqbsf!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!pg!Nffsvu!csbodi!gps!uif!zfbs!foefe!42tu!Efdfncfs-!3128!boe!jut
Cbmbodf!Tiffu!bt!po!uibu!ebuf/
)jj*! Qbtt!Kpvsobm!Fousjft!jo!uif!cpplt!pg!uif!ifbe!pggjdf!up!jodpsqpsbuf!uif!bcpwf.nfoujpofe!usjbm!cbmbodf-!boe
)jjj*! Tipx!Nffsvu!Csbodi!Bddpvou!bt!ju!xpvme!cf!dmptfe!jo!uif!ifbe!pggjdfÔt!mfehfs/
Solution
)j*!Jo!uijt!qspcmfn-!Nffsvu!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!bt!xfmm!bt!Cbmbodf!Tiffu!bsf!up!cf!qsfqbsfe!jo!uif!vtvbm
nboofs!bt!jg!ju!jt!b!tfqbsbuf!cvtjoftt/!Uif!cbmbodf!pg!Ifbe!Pggjdf!Bddpvou!)!6-111*!tipvme!cf!usfbufe!bt!Dbqjubm/
Dr. Meerut Branch Trading and Profit and Loss Account for the year ended 31st December, 2017 Cr.
Up!Pqfojoh!tupdl 7-111 Cz!Tbmft 2-49-111
Up!Qvsdibtft 2-17-151 Cz!Hppet!tvqqmjfe!up!I/P/!)Opuf!5* 7-111
Up!Hppet!sfdfjwfe!gspn!I/P/ 2:-111 Cz!Dmptjoh!tupdl 8-811
2-62-811 2-62-811
Up!Sfou 2-:71
Up!Tvoesz!pggjdf!fyqfotft 2-581
Up!Efqsfdjbujpo!po!gvsojuvsf 511
Up!Ofu!Qspgju 23-441
31-771 31-771
Meerut Branch Balance Sheet as at 31st December, 2017

Mjbcjmjujft Bttfut
Efmij!ifbe!pggjdf; Gvsojuvsf 7-111
! ! Pqfojoh!cbmbodf!! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! 6-111 Efcupst 4-811
! ! Bee;!Qspgju!! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !23-441 28-441 Dmptjoh!tupdl 8-811
Dsfejupst 2-961 Dbti!bu!cbol 2-891
2:-291 2:-291
)jj*!Gps!jodpsqpsbujpo!pg!Csbodi!Usjbm!Cbmbodf-!uif!gpmmpxjoh!fousjft!bsf!up!cf!qbttfe;
Journal Dr. Cr.
3128 Nffsvu!Csbodi!Usbejoh!B0d Es/ 2-42-151
Efd/!42 Up!Nffsvu!Csbodi!B0d!)Opuf!2* 2-42-151
)Cfjoh!uif!jodpsqpsbujpo!pg!pqfojoh!tupdl!qvsdibtft!boe!hppet!sfdfjwfe!gspn!ifbe!pggjdf*
Nffsvu!Csbodi!B0d Es/ 2-62-811
Up!Nffsvu!Csbodi!Usbejoh!B0d!)Opuf!3* 2-62-811
)Cfjoh!uif!jodpsqpsbujpo!pg!tbmft-!hppet!tvqqmjfe!up!ifbe!pggjdf!boe!dmptjoh!tupdl*
Nffsvu!Csbodi!Usbejoh!B0d Es/ 31-771
Up!Nffsvu!Csbodi!Qspgju!'!Mptt!B0d 31-771
)Cfjoh!uif!hsptt!qspgju!usbotgfssfe!up!Csbodi!Qspgju!'!Mptt!Bddpvou*
Nffsvu!Csbodi!Qspgju!'!Mptt!B0d Es/ 9-441
Up!Nffsvu!Csbodi!B0d!)Opuf!4* 9-441
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!fyqfotft!j/f/!tbmbsjft-!sfou!fud/*
Nffsvu!Csbodi!Qspgju!'!Mptt!B0d Es/ 23-441
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!ofu!qspgju*
Hppet.jo.Usbotju!B0d Es/ 4-811
Up!Nffsvu!Csbodi!B0d 4-811
)Cfjoh!uif!hppet!tfou!up!csbodi!po!39ui!Efdfncfs!3128!sfdfjwfe!po!4se!Kbo/-!3128*
Nffsvu!Csbodi!Gvsojuvsf!B0d Es/ 7-111
Nffsvu!Csbodi!Efcupst!B0d Es/ 4-811
Nffsvu!Csbodi!Tupdl!B0d Es/ 8-811
Nffsvu!Csbodi!Dbti!B0d Es/ 2-891
Up!Nffsvu!Csbodi!B0d 2:-291
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!bttfut*
Nffsvu!Csbodi!B0d Es/ 2-961
Up!Nffsvu!Csbodi!Dsfejupst!B0d 2-961
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!mjbcjmjuz*
Dr. (iii) In the books of the Head Office Meerut Branch Account Cr.
42/23/3128 Up!Cbmbodf!c0e 9-811 42/23/3128 Cz!Nffsvu!Csbodi!Usbejoh!B0d!)Opuf!2* 2-42-151
Up!Nffsvu!Csbodi!Usbejoh!B0d!)Opuf!3* 2-62-811 Cz!Nffsvu!Csbodi!Qspgju!'!Mptt!B0d 9-441
Up!Nffsvu!Csbodi!Dsfejupst!B0d 2-961 Cz!Hppet.jo.Usbotju!B0d 4-811
Cz!Nffsvu!Csbodi!Bttfut!B0d 2:-291
2-73-361 2-73-361
Uvupsjbm!Opuft;
)2* Jo!Csbodi!Usjbm!Cbmbodf-!Efmij!Ifbe!Pggjdf!Bddpvou!tipxt!b!dsfeju!cbmbodf!pg!!6-111/!Ju!nfbot!uibu!jo!uif!ifbe!pggjdf!cppl-
Nffsvu!Csbodi!Bddpvou!tipvme!tipx!b!efcju!cbmbodf!pg!!6-111/!Cvu!jo!uif!ifbe!pggjdf!cppl-!ju!tipxt!b!efcju!cbmbodf!pg!9-811/
Uif!ejggfsfodf!pg!!4-811!jt!evf!up!hppet!jo!usbotju/
)3* Bgufs!jodpsqpsbujpo!pg!Csbodi!Usjbm!cbmbodf-!uif!Csbodi!Bddpvou!jo!uif!ifbe!pggjdf!cppl!xjmm!opu!tipx!boz!cbmbodf/
Xpsljoh!Opuft;
)2* Pqfojoh!tupdl!!7-111!,!Qvsdibtft!!2-17-151!,!Hppet!sfdfjwfe!gspn!I/P/!!2:-111!>!!2-42-151/
)3* Tbmft!!2-49-111!,!Hppet!tvqqmjfe!up!I/P/!!7-111!,!Dmptjoh!tupdl!!8-811!>!!2-62-811/
)4* Tbmbsjft!!5-611!,!Sfou!!2-:71!,!Pggjdf!fyqfotft!!2-581!,!Efqsfdjbujpo!!511!>!!9-441/
)5* Hppet!tvqqmjfe!up!ifbe!pggjdf!tipvme!opu!cf!usfbufe!bt!hppet!sfuvsofe!up!ifbe!pggjdf/!Uifz!ibwf!cffo!usfbufe!bt!hppet!tpme!up!ifbe!pggjdf/
Abridged Incorporation
Illustration 54
Gspn!jogpsnbujpo!hjwfo!jo!Jmmvtusbujpo!64-!qsfqbsf!Nfnpsboevn!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!boe!qbtt!ofdfttbsz
Kpvsobm!Fousjft!up!jodpsqpsbuf!Nffsvu!csbodi!cbmbodft!boe!qsfqbsf!Nffsvu!Csbodi!Bddpvou!jo!uif!ifbe!pggjdf!cpplt/
Solution Memorandum Meerut Branch Trading and Profit and Loss Account
Up!Pqfojoh!tupdl 7-111 Cz!Tbmft 2-49-111
Up!Qvsdibtft 2-17-151 Cz!Hppet!tvqqmjfe!up!I/P/ 7-111
Up!Hppet!sfdfjwfe!gspn!I/P/ 2:-111 Cz!Dmptjoh!tupdl 8-811
2-62-811 2-62-811
Up!Sfou 2-:71
Up!Tvoesz!pggjdf!fyqfotft 2-581
Up!Efqsfdjbujpo!po!gvsojuvsf 511
Up!Ofu!Qspgju 23-441
31-771 31-771

Journal Dr. Cr.
3128 Nffsvu!Csbodi!B0d Es/ 23-441
Efd/!42 Up!Hfofsbm!Qspgju!'!Mptt!B0d 23-441
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!ofu!qspgju*
Hppet.jo.Usbotju!B0d Es/ 4-811
Up!Nffsvu!Csbodi!B0d 4-811
)Cfjoh!hppet!tfou!up!csbodi!po!39ui!Efdfncfs!!sfdfjwfe!po!4se!Kbovbsz!3127*
Nffsvu!Csbodi!Gvsojuvsf!B0d Es/ 7-111
Nffsvu!Csbodi!Efcupst!B0d Es/ 4-811
Nffsvu!Csbodi!Tupdl!B0d Es/ 8-811
Nffsvu!Csbodi!Dbti!B0d Es/ 2-891
Up!Nffsvu!Csbodi!B0d 2:-291
Nffsvu!Csbodi!B0d Es/ 2-961

Up!Nffsvu!Csbodi!Dsfejupst!B0d 2-961
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!mjbcjmjuz*

Dr. Meerut Branch Account Cr.
42/23/3128 Up!Cbmbodf!c0e 9-811 42/23/3128 Cz!Hppet.jo.Usbotju!B0d 4-811
Up!Nffsvu!Csbodi!Dsfejupst!B0d 2-961 Cz!Nffsvu!Csbodi!Bttfut!B0d 2:-291
33-991 33-991
Uvupsjbm!Opuft;
)2* Uif!tuvefout!tipvme!opuf!uibu-!voefs!uijt!nfuipe-!joejwjevbm!jufnt!pg!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!bsf!opu!jodpsqpsbufe!jo
uif! cpplt! pg!uif!ifbe!pggjdf/!Pomz!uif!ofu!qspgju!pg!uif!csbodi!jt!jodpsqpsbufe/!Csbodi!qspgju!jt!dbmdvmbufe!xjui!uif!ifmq!pg!b
Nfnpsboevn!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou/
)3* Csbodi!bttfut!boe!mjbcjmjujft!bsf!jodpsqpsbufe!jo!uif!tbnf!nboofs!jo!uif!dbtf!pg!efubjmfe!jodpsqpsbujpo!nfuipe/
Illustration 55
D/!Dp/!Mue/!pg!Dbmdvuub!ibe!b!csbodi!jo!Cpncbz!xijdi!nbjoubjofe!jut!bddpvout!joefqfoefoumz/!Bddpvout!sfmbujoh!up!gjyfe
bttfut!jo!uif!Cpncbz!csbodi!xfsf-!ipxfwfs-!lfqu!jo!uif!cpplt!pg!bddpvout!pg!uif!ifbe!pggjdf/!Po!42tu!Efdfncfs-!3128
uif!Cpncbz!csbodi!fyusbdufe!uif!gpmmpxjoh!Usjbm!Cbmbodf!gspn!jut!pxo!cpplt!pg!bddpvout!boe!gpsxbsefe!uif!tbnf!up!uif
ifbe!pggjdf/
Qbsujdvmbst Es/!)* Ds/!)* Qbsujdvmbst Es/!)* Ds/!)*
Tupdl.jo.Usbef!)2/2/3128* 31-111 Dbti!jo!iboe!boe!bu!cbol 3-611
Qvsdibtft 61-111 Tbmft 86-:11
Dbssjbhf!boe!gsfjhiu!joxbse 3-611 Tvoesz!dsfejupst 6-111
Hppet!sfdfjwfe!gspn!ifbe!pggjdf 26-111 Njtdfmmbofpvt!sfdfjqut 611
Usbotju!Jotvsbodf!di/!po!hppet!sfdfjwfe 2-111 Qvsdibtft!sfuvsot 911
Tbmbsjft 21-111 Tbmft!sfuvsot 611
Sfout!sbuft!boe!ubyft 4-911 Cjmmt!sfdfjwbcmf 2-611
Hfofsbm!pggjdf!fyqfotft :-111 Ejtdpvou!bmmpxfe 311
Tvoesz!efcupst 8-311 Ifbe!pggjdf!bddpvou 52-111
UPUBM 2-34-311 2-34-311
Uif!Dmptjoh!tupdl!)bt!bu!42/23/3128*!bu!Cpncbz!csbodi!xbt!!27-111/!Efqsfdjbujpo!xbt!up!cf!bmmpxfe!A!26&!q/b/!po
Csbodi!Qmbou!boe!Nbdijofsz!pg!!36-111!boe!A!31&!q/b/!po!Csbodi!Gvsojuvsf!boe!Gjuujoht!pg!!7-111/!Pvutuboejoh!sfou
jo!sftqfdu!pg!uif!zfbs!3128!bnpvoufe!up!!611/!Cpncbz!Csbodi!bddpvou-!jo!uif!ifbe!pggjdf!cpplt-!tipxfe!b!efcju!cbmbodf
pg!!57-111!boe!ju!xbt!sfwfbmfe!uibu!uif!ejggfsfodf!jo!uif!cbmbodft!tipxo!cz!Ifbe!Pggjdf!Bddpvou!boe!Cpncbz!Csbodi
Bddpvou!xbt!po!bddpvou!pg!dbti.jo.usbotju/
Zpv!bsf!up!tipx!Kpvsobm!Fousjft!sfrvjsfe!up!jodpsqpsbuf!uif!bcpwf!Usjbm!Cbmbodf!boe!puifs!qbsujdvmbst!jo!uif!cpplt!pg
uif!ifbe!pggjdf!boe!bmtp!uif!Cpncbz!Csbodi!Bddpvou/
Solution In the books of C. Co. Ltd. (H.O.)
Journal Dr. Cr.
3128 Cpncbz!Csbodi!Usbejoh!B0d Es/ 9:-111
Efd/!42 Up!Cpncbz!Csbodi!B0d!)Opuf!2* 9:-111
)Cfjoh!uif!jodpsqpsbujpo!pg!pqfojoh!tupdl-!qvsdibtft-!dbssjbhf!boe!gsfjhiu!joxbse-!hppet
sfdfjwfe!gspn!ifbe!pggjdf-!usbotju!jotvsbodf-!tbmft!sfuvsot!fud/*
Cpncbz!Csbodi!B0d Es/ :3-811
Up!Cpncbz!Csbodi!Usbejoh!B0d!)Opuf!3* :3-811
)Cfjoh!uif!jodpsqpsbujpo!pg!dmptjoh!tupdl-!tbmft-!boe!qvsdibtf!sfuvsot*
Cpncbz!Csbodi!Usbejoh!B0d Es/ 4-811
Up!Cpncbz!Csbodi!Qspgju!'!Mptt!B0d 4-811
)Cfjoh!uif!hsptt!qspgju!usbotgfssfe!up!Csbodi!Qspgju!'!Mptt!Bddpvou*
Cpncbz!Csbodi!Qspgju!'!Mptt!B0d Es/ 39-561
Up!Cpncbz!Csbodi!B0d!)Opuf!4* 39-561
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!fyqfotft*
Cpncbz!Csbodi!B0d Es/ 611

Up!Cpncbz!Csbodi!Qspgju!'!Mptt!B0d 611
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!njtdfmmbofpvt!jodpnf*
Hfofsbm!Qspgju!'!Mptt!B0d Es/ 35-361
Up!Cpncbz!Csbodi!Qspgju!'!Mptt!B0d 35-361
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!ofu!mptt*
Dbti.jo.Usbotju!B0d Es/ 6-111
Up!Cpncbz!Csbodi!B0d 6-111
)Cfjoh!dbti!sfnjuufe!cz!Cpncbz!csbodi!opu!zfu!sfdfjwfe!cz!uif!ifbe!pggjdf*
Cpncbz!Csbodi!B0d Es/ 5-:61
Up!Csbodi!Qmbou!'!Nbdijofsz!B0d 4-861
Up!Csbodi!Gvsojuvsf!'!Gjuujoht!B0d 2-311
)Cfjoh!uif!efqsfdjbujpo!dibshfe!po!csbodi!bttfut*
Cpncbz!Csbodi!Dmptjoh!Tupdl!B0d Es/ 27-111
Cpncbz!Csbodi!Efcupst!B0d Es/ 8-311
Cpncbz!Csbodi!Cjmmt!Sfdfjwbcmf!B0d Es/ 2-611
Cpncbz!Csbodi!Dbti!jo!iboe!B0d Es/ 3-611
Up!Cpncbz!Csbodi!B0d 38-311
Cpncbz!Csbodi!B0d Es/ 6-611
Up!Cpncbz!Csbodi!Dsfejupst!B0d 6-111
Up!Pvutuboejoh!Sfou!B0d 611
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!mjbcjmjujft*
In the books of the C. Co. Ltd. (H. O.)
Dr. Bombay Branch Account Cr.
42/23/3128 Up!Cbmbodf!c0e 57-111 42/23/3128 Cz!Cpncbz!Csbodi!Usbejoh!B0d!)Opuf!2* 9:-111
Up!Cpncbz!Csbodi!Usbejoh!B0d!)Opuf!3* :3-811 Cz!Cpncbz!Csbodi!Qspgju!'!Mptt!B0d 39-561
Up!Cpncbz!Csbodi!Usbejoh!B0d 611 Cz!Dbti.jo.Usbotju!B0d 6-111
Up!Csbodi!Qmbou!'!Nbdijofsz!B0d 4-861 Cz!Cpncbz!Csbodi!Bttfut!B0d 38-311
Up!Csbodi!Gvsojuvsf!'!Gjuujoht!B0d 2-311
Up!Cpncbz!Csbodi!Dsfejupst!B0d 6-111
2-5:-761 2-5:-761
Xpsljoh!Opuft;
)2* Pqfojoh!tupdl!!31-111!,!Qvsdibtft!!61-111!,!Dbssjbhf!boe!gsfjhiu!!3-611!,!Hppet!gspn!ifbe!pggjdf!!26-111!,!Usbotju!jotvsbodf
!2-111!,!Tbmft!sfuvso!!611!>!!9:-111/
)3* Tbmft!!86-:11!,!Dmptjoh!tupdl!!27-111!,!Qvsdibtf!sfuvsot!!911!>!!:3-811/
)4* Tbmbsjft!!21-111!,!Sfou-!sbuft!)jodmvejoh!pvutuboejoh*!!5-411!,!Hfofsbm!pggjdf!fyqfotft!!:-111!,!Ejtdpvou!bmmpxfe!!311!,
Efqsfdjbujpo!po!Qmbou!boe!Nbdijofsz!!4-861!,!Efqsfdjbujpo!po!Gvsojuvsf!boe!Gjuujoht!!2-311!>!!39-561/
Illustration 56
B!mjnjufe!dpnqboz!xjui!jut!Ifbe!Pggjdf!jo!Cpncbz!!xiptf!Csbodi!Pggjdf!jo!Efmij-!xijdi!pcubjo!hppet!qbsumz!gspn!ifbe
pggjdf!boe!qbsumz!gspn!pvutjefst/!Uif!csbodi!lffqt!b!tfqbsbuf!tfu!pg!cpplt/!Uif!gpmmpxjoh!cbmbodft!xfsf!fyusbdufe!po
42/23/3128!;
Qbsujdvmbst Cpncbz Efmij
Es/!)* Ds/!)* Es/!)* Ds/!)*
Tibsf!Dbqjubm!Bddpvou Ð 5-11-111 Ð Ð
Qmbou!boe!Nbdijofsz 3-91-111 Ð Ð Ð
Gvsojuvsf!boe!Gjyuvsf 61-111 Ð 36-111 Ð
Mpptf!Uppmt 51-111 Ð 29-111 Ð
Qspgju!boe!Mptt!Bddpvou!po!2/2/3128 Ð 46-111 Ð Ð
Efcupst!boe!Dsfejupst 3-41-111 66-111 21-111 36-111
Dbti!jo!Iboe 6-111 Ð 3-911 Ð
Dbti!bu!Cbol 6-111 Ð 7-111 Ð
Qvsdibtft!boe!Tbmft 7-11-111 9-21-111 2-23-111 3-56-111
Tbmbsjft!boe!Xbhft 41-111 Ð 27-111 Ð
Sfou 26-111 Ð 9-611 Ð

Hfofsbm!Fyqfotft 6-111 Ð 8-611 Ð
Hppet!gspn!Ifbe!Pggjdf!up!Csbodi :1-111 91-111 Ð
Dvssfou!Bddpvout 81-111 Ð Ð 66-911
Pqfojoh!Tupdl!)2/2/3128* 61-111 Ð 51-111 Ð
24-:1-111 24-:1-111 4-36-911 4-36-911
Uif!ejggfsfodf!cfuxffo!uif!cbmbodft!pg!uif!Ifbe!Pggjdf!Dvssfou!Bddpvou!boe!Csbodi!Dvssfou!Bddpvou!jt!evf!up!hppet
boe!difrvf!jo!usbotju!bt!bu!uif!ebuf!pg!uif!qsfqbsbujpo!pg!uif!Usjbm!Cbmbodf/!Sfou!pg!csbodi!pggjdf!sfnbjot!voqbje!!261/
Qmbou-!Gvsojuvsf!boe!Mpptf!Uppmt!bsf!up!cf!efqsfdjbufe!bu!21&!q/b/-!26&!q/b/-!boe!31&!q/b/!sftqfdujwfmz/!Tupdl.jo.usbef
wbmvfe!bu!42/23/3128!xfsf!bt!gpmmpxt;!Ifbe!pggjdf!!76-111<!Csbodi!!46-111/
Qsfqbsf!b!dpncjofe!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!gps!uif!zfbs!foefe!42/23/3128!boe!b!Cbmbodf!Tiffu!bt!bu!uif!ebuf/
Solution
Dr. Trading and Profit and Loss Account for the year ended 31st December, 2017 Cr.
Qbsujdvmbst Ifbe!Pggjdf Efmij!Csbodi Qbsujdvmbst Ifbe!Pggjdf Efmij!Csbodi
)* )* )* )*
Up!Pqfojoh!Tupdl 61-111 51-111 Cz!Tbmft 9-21-111 3-56-111
Up!Qvsdibtft 7-11-111 2-23-111 Cz!Hppet!Tfou!up!Csbodi :1-111 Ð
Up!Hppet!gspn!Ifbe!Pggjdf Ð 91-111 Cz!Dmptjoh!Tupdl 76-111 46-111
:-76-111 3-91-111 :-76-111 3-91-111
Up!Tbmbsjft!boe!Xbhft 41-111 27-111 Cz!Hsptt!Qspgju!c0e 4-26-111 59-111
Up!Sfou 26-111 9-611
Up!Pvutuboejoh!Sfou Ð 261
Up!Hfofsbm!Fyqfotft 6-111 8-611
Up!Efqsfdjbujpo!po!;
Qmbou!boe!Nbdijofsz!A!21& 39-111 Ð
Gvsojuvsf!A!26& 8-611 4-861
Mpptf!Uppmt!A!31& 9-111 4-711
Up!Ofu!Qspgju!d0e 3-32-611 9-611
4-26-111 59-111 4-26-111 59-111
Dr. Profit and Loss Appropriation Account for the year ended 31st December, 2017 Cr.
Up!Cbmbodf!d0e 3-76-111 Cz!Cbmbodf!c0e 46-111
Cz!Ofu!Qspgju!c0e;!! ! Ifbe!Pggjdf 3-32-611
! ! ! ! ! ! ! ! ! ! Csbodi 9-611
3-76-111 3-76-111
Balance Sheet of . . . as at 31st December, 2017
Mjbcjmjujft Bttfut
Tibsf!Dbqjubm Gjyfe!Bttfut
Bvuipsjtfe!; Qmbou!boe!Nbdijofsz!)!I/P/* 3-91-111
/!/!/!Frvjuz!Tibsft!pg!/!/!/!fbdi +++ mftt;!Efqsfdjbujpo 39-111 3-63-111
Jttvfe!boe!Tvctdsjcfe!; Gvsojuvsf!boe!Gjyuvsft!;
/!/!/!Frvjuz!tibsft!pg!/!/!/!fbdi 5-11-111 Ifbe!Pggjdf 61-111
Sftfswf!boe!Tvsqmvt Csbodi 36-111
Qspgju!boe!Mptt!Bddpvou 3-76-111 86-111
Tfdvsfe!Mpbo Ojm Mftt;!Efqsfdjbujpo!)!8-611!,!!4-861* 22-361 74-861
Votfdvsfe!Mpbo Ojm Mpptf!Uppmt!;
Dvssfou!Mjbcjmjujft!boe!Qspwjtjpot Ifbe!Pggjdf 51-111
Dsfejupst!; Csbodi 29-111
Ifbe!Pggjdf 66-111 69-111
Csbodi 36-111 91-111 Mftt;!Efqsfdjbujpo!)!9-111!,!!4-711* 22-711 57-511
Pvutuboejoh!Sfou!)Csbodi* 261 Jowftunfout Ojm
Dvssfou!Bttfut-!Mpbot!boe!Bewbodft
Efcupst!;
Ifbe!Pggjdf 3-41-111
Csbodi 21-111 3-51-111
Tupdl.jo.Usbef!;
Ifbe!Pggjdf 76-111
Csbodi 46-111 2-11-111
Hppet.jo.Usbotju 21-111
Dbti!bu!Cbol!;
Ifbe!Pggjdf 26-111
Csbodi 7-111 32-111
Difrvf.jo.Usbotju 5-311
Dbti!jo!Iboe!;
Ifbe!Pggjdf 6-111
Csbodi 3-911 8-911
8-56-261 8-56-261
Xpsljoh!Opuf!;!)2*!Jo!uif!cpplt!pg!uif!Ifbe!Pggjdf-!Csbodi!Dvssfou!Bddpvou!cbmbodf!jt!!81-111!cvu!jo!uif!cpplt!pg!uif!Efmij!Csbodi-
Ifbe!Pggjdf!Dvssfou!Bddpvou!cbmbodf!jt!!66-911/!Upubm!ejggfsfodf!jt!!81-111!Ï!!66-911!>!!25-311/!Ejggfsfodf!evf!up!Hppet.jo.
UsbotjuÔ!jt!!21-111!)!:1-111!Ï!!91-111*!boe!uif!cbmbodf!!5-311!jt!evf!up!difrvf.jo.usbotju/!Uif!Csbodi!Dvssfou!Bddpvou!xjmm!bqqfbs
bt!gpmmpxt;
Dr. Delhi Branch Current Account Cr.
Up!Cbmbodf!c0e 81-111 Cz!Hppet.jo.Usbotju+ 21-111
Cz!Dbti.jo.Usbotju 5-311
81-111 81-111
+Hppet!tfou!cz!ifbe!pggjdf!>!!:1-111!cvu!hppet!sfdfjwfe!cz!uif!csbodi!!91-111/!Uifsfgpsf-!hppet!pg!!21-111!tujmm!jo!usbotju/
Illustration 57
Jnqibm! Csbodi! pg! b! cvtjoftt! ibwjoh! ifbe! pggjdf! jo! Dbmdvuub! qsfqbsft! jut! bddpvout! joefqfoefoumz/! Uif! qptjujpo! bt! po
42/23/3128!jt!efqjdufe!cfmpx!;
Qbsujdvmbst Dbmdvuub!Ifbe!Pggjdf Jnqibm!Csbodi
Es/!)* Ds/!)* Es/!)* Ds/!)*
Cjmmt!Sfdfjwbcmf!0!Cjmmt!Qbzbcmf Ð 22-911 7-111 Ð
Efcupst!0!Dsfejupst 89-611 4:-711 69-511 3:-311
Tupdl 2-53-111 Ð 83-111 Ð
Dbti!boe!Cbol 2-18-511 Ð 55-311 Ð
Gjyfe!Bttfut 5-64-611 Ð 2-6:-511 Ð
Qspgju!boe!Mptt!Bddpvou Ð 2-57-711 Ð 41-711
Dbqjubm! Ð 9-93-111 Ð Ð
Csbodi!Bddpvou 3-:9-711 Ð Ð Ð
Ifbe!Pggjdf!Bddpvou Ð Ð Ð 3-91-311
UPUBM 21-91-111 21-91-111 4-51-111 4-51-111
Ju!jt!sfwfbmfe!uibu!uif!bcpwf!bddpvout!gps!uif!zfbs!foefe!42/23/3128!xfsf!qsfqbsfe!xjuipvu!dpotjefsjoh!uif!gpmmpxjoh
gbdut;
)b* Hppet!xpsui!!5-511!ibe!cffo!eftqbudife!cz!uif!ifbe!pggjdf!up!Jnqibm!po!38/23/3128!cvu!uif!hppet!eje!opu
sfbdi!uifsf!ujmm!3/2/3129/
)c* Bt!qfs!dpowfoujpo-!uif!csbodi!tipvme!cf!dibshfe!xjui!!4-111!gps!benjojtusbujwf!tfswjdft!sfoefsfe!cz!uif!ifbe
pggjdf/
)d* Uif!csbodi!ibe!tfou!b!cbol!esbgu!up!uif!ifbe!pggjdf!po!41/23/3128!gps!!21-111/!Cvu!uif!esbgu!sfbdife!ifbe!pggjdf
bgufs!42/23/3128/
)e* Tupdl!tupmfo!jo!usbotju!!5-111!)vojotvsfe*/!Uif!tupdl!xbt!jowpjdfe!cz!uif!ifbe!pggjdf!up!uif!csbodi!boe!dibshfe
up!uif!Csbodi!Bddpvou/!Cvu!uif!csbodi!nbobhfs!sfgvtfe!up!dpotjefs!ju!jo!uif!csbodi!cpplt/
)f* Efqsfdjbujpo!!po!!tpnf!csbodi!bttfut!)pg!xijdi!bddpvout!bsf!nbjoubjofe!jo!ifbe!pggjdf!cpplt*!opu!qspwjefe!gps
!3-611/
)g* Uif!cbmbodf!pg!csbodi!qspgju!tipvme!cf!usbotgfssfe!up!uif!ifbe!pggjdf!cpplt/
Tipx!uif!ofdfttbsz!bekvtunfou!fousjft!jo!uif!cpplt!pg!uif!ifbe!pggjdf!boe!uif!csbodi!boe!qsfqbsf!uif!Cbmbodf!Tiffu!pg
uif!cvtjoftt!bt!po!42/23/3128/
Solution In the books of Head Office (Calcutta)

Journal Dr. Cr.
3128!)b* Hppet.jo.Usbotju!B0d Es/ 5-511
Efd/!42 Up!Jnqibm!Csbodi!B0d 5-511
)Cfjoh!hppet!tfou!up!Jnqibm!Csbodi!po!38/23/3128!cvu!uif!hppet!ibwf!opu!cffo!sfdfjwfe!!cz
csbodi-!opx!bekvtufe*
)c* Jnqibm!Csbodi!B0d Es/ 4-111
Up!Qspgju!boe!Mptt!B0d 4-111
)Cfjoh!bnpvou!dibshfe!up!Jnqibm!Csbodi!gps!benjtjojtusbujwf!tfswjdft!sfoefsfe!cz!I/P/*
)d* Dbti.jo.Usbotju!B0d Es/ 21-111
Up!Jnqibm!Csbodi!B0d 21-111
)Cfjoh!cbol!esbgu!tfou!cz!csbodi!po!41/23/3128!cvu!sfdfjwfe!cz!I/P/!bgufs!42/23/3128-!opx
bekvtufe*
)e* Qspgju!boe!Mptt!B0d Es/ 5-111
Up!Jnqibm!Csbodi!B0d 5-111
)Cfjoh!hppet!tupmfo!jo!usbotju!boe!dibshfe!up!Csbodi!cvu!uif!csbodi!nbobhfs!sfgvtfe!up
bddfqu!ju-!opx!bekvtufe!jo!uif!I/P/!Qspgju!boe!Mptt!Bddpvou*
Uvupsjbm!Opuf!;!Ju!tipvme!cf!opufe!uibu!bgufs!qbttjoh!)b*-!)d*!boe!)e*!fousjft!bcpwf-!uif!Csbodi
B0d!cbmbodf!jo!I/P/!cppl!xjmm!cf!)!3-:9-711!Ï!!5-511!Ï!!21-111!Ï!!5-111*!!>!!3-91-311/
Opx!ju!jt!nbudijoh!xjui!uif!cbmbodf!pg!Ifbe!Pggjdf!Bddpvou!)jo!uif!csbodiÔt!cpplt*/
)f* Jnqibm!Csbodi!B0d Es/ 3-611
Up!Jnqibm!Csbodi!Gjyfe!Bttfut!B0d 3-611
)Cfjoh!efqsfdjbujpo!po!gjyfe!bttfut!pg!Jnqibm!Csbodi!bekvtufe*
)g* Jnqibm!Csbodi!B0d Es/ 36-211
Up!Qspgju!boe!Mptt!B0d!)Opuf!2* 36-211
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!qspgju*
Qspgju!boe!Mptt!B0d!)Opuf!4* Es/ 2-81-811
Up!Dbqjubm!Bddpvou 2-81-811
)Cfjoh!upubm!qspgju!usbotgfssfe!up!Dbqjubm!Bddpvou*
Csbodi!Cjmmt!Sfdfjwbcmf!B0d Es/ 7-111
Csbodi!Efcupst!B0d Es/ 69-511
Csbodi!Tupdl!B0d Es/ 83-111
Csbodi!Dbti!boe!Cbol!B0d Es/ 55-311
Csbodi!Gjyfe!Bttfut!B0d Es/ 2-6:-511
Up!Jnqibm!Csbodi!B0d 4-51-111
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!bttfut!jo!uif!I/P/!cppl*
Jnqibm!Csbodi!B0d Es/
Up!Csbodi!Dsfejupst!B0d 3:-311
)Cfjoh!uif!jodpsqpsbujpo!pg!csbodi!mjbcjmjuz!jo!uif!I/P/!cppl* 3:-311
Uvupsjbm!Opuf!;!Mbtu!gpvs!fousjft!ibwf!opu!cffo!btlfe!jo!uif!rvftujpo/!Zfu-!uiftf!fousjft!bsf
sfrvjsfe!up!cf!qbttfe!up!dmptf!uif!Jnqibm!Csbodi!Bddpvou!jo!uif!I/P/-!cppl!)Tff!Xpsljoh
Opuf!5!gps!efubjmt*/
In the books of Imphal Branch
Journal Dr. Cr.
3128 Qspgju!boe!Mptt!B0d Es/ 4-111
Efd/!42 Up!Ifbe!Pggjdf!B0d 4-111
)Cfjoh!uif!bnpvou!dibshfe!cz!I/P/!gps!benjojtusbujwf!tfswjdft*
Qspgju!boe!Mptt!B0d Es/ 3-611
)Cfjoh!efqsfdjbujpo!po!Csbodi!Gjyfe!Bttfut!nbjoubjofe!bu!I/P/!bekvtufe*
Qspgju!boe!Mptt!B0d!)Opuf!2* Es/ 36-211
)Cfjoh!bekvtufe!csbodi!qspgju!usbotgfssfe!up!Ifbe!Pggjdf!Bddpvou*
Uvupsjbm!Opuf;!Op!fousz!jt!up!cf!qbttfe!gps!Hppet.jo.Usbotju!boe!Dbti.jo.Usbotju!cfdbvtf!uiftf!ibwf!bmsfbez!cffo!bekvtufe!jo!Ifbe
Pggjdf!cpplt/
Balance Sheet of . . . as at 31st December, 2017

Mjbcjmjujft Bttfut
Dbqjubm!; Gjyfe!Bttfut!;
Pqfojoh!cbmbodf 9-93-111 Ifbe!Pggjdf 5-64-611
Bee;!Qspgju 2-81-811 21-63-811 Csbodi 2-6:-511
Dsfejupst!; 7-23-:11
Ifbe!Pggjdf 4:-711 Mftt;!Efqsfdjbujpo 3-611 7-21-511
Csbodi 3:-311 79-911 Tupdl!;
Cjmmt!Qbzbcmf!; Ifbe!Pggjdf 2-53-111
Ifbe!Pggjdf 22-911 Csbodi 83-111 3-25-111
Efcupst!;
Ifbe!Pggjdf 89-611
Csbodi 69-511 2-47-:11
Hppet.jo.Usbotju 5-511
Cjmmt!Sfdfjwbcmf!;
Csbodi 7-111
Dbti!boe!Cbol!;
Ifbe!Pggjdf 2-18-511
Csbodi 55-311 2-62-711
Dbti.jo.Usbotju 21-111
22-44-411 22-44-411
Working Notes:
(1) Revised Net Profit of Branch (2) Revised Net Profit on Head Office
Qspgju!bt!qfs!Usjbm!Cbmbodf 41-711 Qspgju!bt!qfs!Usjbm!Cbmbodf 2-57-711
Mftt!;!Dibshf!gps!Benjojtusbujwf!Tfswjdft 4-111 Bee!;!Dibshf!gps!Benjojtusbujwf!Tfswjdft 4-111
38-711 2-5:-711
Mftt;!Efqsfdjbujpo!pg!Csbodi!Gjyfe!Bttfut 3-611 Mftt;!Hppet!Tupmfo!jo!Usbotju 5-111
36-211 2-56-711
)4*!Upubm!qspgju!usbotgfssfe!up!Dbqjubm!Bddpvou!>!2-56-711!,!!36-211!>!2-81-811/
Dr. (4) Imphal Branch Account Cr.
Up!Cbmbodf!c0e 3-:9-711 Cz!Hppet.jo.Usbotju 5-511
Up!Qspgju!boe!Mptt!B0d 4-111 Cz!Dbti.jo.Usbotju 21-111
Up!Jnqibm!Csbodi!Gjyfe!Bttfut!B0d 3-611 Cz!Qspgju!boe!Mptt!B0d 5-111
Up!Qspgju!boe!Mptt!B0d 36-211 Cz!Csbodi!Cjmmt!Sfdfjwbcmf!B0d 7-111
Up!Csbodi!Dsfejupst!B0d 3:-311 Cz!Csbodi!Efcupst!B0d 69-511
Cz!Csbodi!Tupdl!B0d 83-111
Cz!Csbodi!Dbti!boe!Cbol!B0d 55-311
Cz!Csbodi!Gjyfe!Bttfut!B0d 2-6:-511
4-69-511 4-69-511
Closing the Books of Account of the Branch

Bu!uif!foe!pg!uif!bddpvoujoh!qfsjpe-!uif!cpplt!pg!bddpvout!pg!uif!csbodi!bsf!bmtp!dmptfe/
Gps!uif!qvsqptf!pg!dmptjoh!uif!cpplt!pg!bddpvout-!boz!pg!uif!gpmmpxjoh!uxp!nfuipet!dbo!cf!bepqufe!cz!uif!csbodi;
Method 1
Voefs!uijt!nfuipe!bmm!jufnt!pg!Usjbm!Cbmbodf!bsf!dmptfe!uispvhi!uif!Ifbe!Pggjdf!Bddpvou/!Vtvbm!fousjft!bsf
qbttfe!jo!uif!csbodi!cpplt!gps!efqsfdjbujpo!po!gjyfe!bttfut-!pvutuboejoh!tbmbsjft!fud/!Uif!gpmmpxjoh!fousjft!bsf
qbttfe!up!dmptf!uif!cpplt!pg!uif!csbodi;
1. For revenue items on the debit side of the Branch Trading and Profit and Loss Account
Ifbe!Pggjdf!Bddpvou Es/
! ! ! Up!Pqfojoh!Tupdl!Bddpvou
! ! ! Up!Qvsdibtft!Bddpvou
! ! ! Up!Hppet!sfdfjwfe!gspn!Ifbe!Pggjdf!Bddpvou
! ! ! Up!Xbhft!Bddpvou
! ! ! Up!Sfou!Bddpvou
! ! ! Up!Tbmbsjft!Bddpvou
! ! ! Up!Efqsfdjbujpo!fud/!Bddpvou
2. For revenue items on the credit side of the Branch Trading and Profit and Loss Account
Tbmft!Bddpvou Es/
Qvsdibtft!Sfuvsot!Bddpvou Es/
Dmptjoh!Tupdl!Bddpvou Es/
Ejtdpvou!Sfdfjwfe!Bddpvou Es/
3. For branch assets
! ! ! Up!Efcupst!Bddpvou
! ! ! Up!Dbti!bu!Cbol!Bddpvou
! ! ! Up!Dbti.jo.Usbotju!Bddpvou
! ! ! Up!Dmptjoh!Tupdl!Bddpvou
4. For branch liabilities
Pvutuboejoh!Fyqfotft!Bddpvou Es/
Dsfejupst!Bddpvou Es/
\Bgufs!qbttjoh!uif!bcpwf!fousjft-!uif!Ifbe!Pggjdf!Bddpvou!xjmm!opu!tipx!boz!cbmbodf^
Illustration 58
B!Nbesbt!Ifbe!Pggjdf!ibt!bo!joefqfoefou!csbodi!bu!Binfebcbe/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!hjwf!Kpvsobm!Fousjft!up
dmptf!uif!cpplt!pg!uif!Binfebcbe!csbodi/!Tipx!bmtp!uif!Nbesbt!Ifbe!Pggjdf!Bddpvou!jo!uif!csbodi!cpplt/
Usjbm!Cbmbodf!pg!Binfebcbe!Csbodi!bt!bu!42tu!Efdfncfs-!3128
Qbsujdvmbst / Qbsujdvmbst /
Tupdl!po!2tu!Kbovbsz 9-311 Dsfejupst 3-811
Qvsdibtft 23-911 Tbmft 45-:61
Xbhft 7-661 Ifbe!pggjdf 25-111
Nbovgbduvsjoh!fyqfotft 4-511 Ejtdpvou 261
Sfou 2-811 Qvsdibtf!sfuvsot 411
Tbmbsjft 6-611
Efcupst 5-111
Hfofsbm!fyqfotft 3-111
Hppet!sfdfjwfe!gspn!Ifbe!Pggjdf 8-311
Dbti!bu!cbol 861
63-211 63-211
)b* Dmptjoh!tupdl!bu!csbodi!xbt!!25-461/
)c* Uif!csbodi!gjyfe!bttfut!nbjoubjofe!bu!I/P/!cpplt!xfsf;!Nbdijofsz!!36-111-!Gvsojuvsf!!2-111/!Efqsfdjbujpo
xbt!up!cf!bmmpxfe!bu!21!qfs!dfou!po!Nbdijofsz!boe!26!qfs!dfou!po!Gvsojuvsf/
)d* Sfou!evf!xbt!!261/
)e* B!sfnjuubodf!pg!!5-111!nbef!cz!uif!csbodi!po!39ui!Efdfncfs-!3128!xbt!sfdfjwfe!cz!uif!Ifbe!Pggjdf!po!5ui
Kbovbsz-!3129/
Solution In the books of the Ahmedabad Branch
Journal Dr. Cr.
3128 Efqsfdjbujpo!B0d Es/ 3-761
Efd/!42 Up!Ifbe!Pggjdf!B0d 3-761
)Cfjoh!uif!efqsfdjbujpo!po!gjyfe!bttfut!bddpvout!nbjoubjofe!cz!uif!Ifbe!Pggjdf*

)Cfjoh!uif!bnpvou!sfnjuufe!po!39ui!Efdfncfs!3128!up!Ifbe!Pggjdf!cvu!dsfejufe!cz!ju!po!5ui
Kbovbsz!3129*
Sfou!B0d Es/ 261
)Cfjoh!uif!pvutuboejoh!sfou!qbje*
Up!Pqfojoh!Tupdl!B0d 9-311
Up!Qvsdibtft!B0d 23-911
Up!Xbhft!B0d 7-661
Up!Nbovgbduvsjoh!Fyqfotft!B0d 4-511
Up!Sfou!B0d 2-961
Up!Tbmbsjft!B0d 6-611
Up!Hfofsbm!Fyqfotft!B0d 3-111
Up!Hppet!sfdfjwfe!gspn!I/P/!B0d 8-311
Up!Efqsfdjbujpo!B0d 3-761
)Cfjoh!uif!usbotgfs!pg!ejggfsfou!sfwfovf!jufnt!up!Ifbe!Pggjdf!Bddpvou*
Tbmft!B0d Es/ 45-:61
Qvsdibtf!Sfuvsot!B0d Es/ 411
Dmptjoh!Tupdl!B0d Es/ 25-461
Ejtdpvou!B0d Es/ 261
Up!Ifbe!Pggjdf!B0d 5:-861
)Cfjoh!uif!usbotgfs!pg!ejggfsfou!sfwfovf!jufnt!up!Ifbe!Pggjdf!Bddpvou*
Up!Dbti!bu!Cbol!B0d 861
Up!Dbti.jo.usbotju!B0d 5-111
Up!Dmptjoh!Tupdl!B0d 25-461
)Cfjoh!uif!bttfut!bddpvou!cbmbodft!usbotgfssfe*
Dsfejupst!B0d Es/ 3-811
Pvutuboejoh!Sfou!B0d Es/ 261
)Cfjoh!uif!mjbcjmjujft!bddpvou!cbmbodft!usbotgfssfe*
In the books of Ahmedabad Branch

42/23/3128 Up!Tvoesz!Fyqfotft 61-261 42/23/3128 Cz!Cbmbodf!c0e 25-111
Up!Tvoesz!Bttfut 34-211 Cz!Dbti.jo.usbotju! 5-111
Cz!Tvoesz!Sfwfovf! 5:-861
Cz!Efqsfdjbujpo! 3-761
Cz!Tvoesz!Mjbcjmjujft! 3-961
84-361 84-361
Illustration 59
Wjwfl!'!Dp!pg!Cpncbz!ibwf!b!csbodi!jo!Hpb/!Hppet!tpme!bu!Hpb!bsf!tvqqmjfe!gspn!Cpncbz!cvu!op!dibshf!jt!nbef!jo!uif
cpplt!bt!cfuxffo!uif!csbodi!boe!uif!ifbe!pggjdf/!Dbti!sfnjuubodft!bsf!nbef!cz!uif!csbodi!up!uif!ifbe!pggjdf!gspn!ujnf!up
ujnf/!Po!Tfqufncfs!41-!3128-!uif!csbodi!Cbmbodf!Tiffu!bgufs!!dmptjoh!uif!cppl!xbt!bt!gpmmpxt;
Mjbcjmjujft Bttfut
Dsfejupst 71-111 Efcupst 4-11-111
Ifbe!Pggjdf!Bddpvou 3-63-111 Dbti!bu!cbol 23-111
Cvjmejoh!fyufotjpo!B0d!usbotgfssfe!up!I/P/!B0d Ojm
4-23-111 4-23-111
Gps!uif!tjy!npouit!foejoh!42tu!Nbsdi-!3129-!uif!gpmmpxjoh!usbotbdujpot!uppl!qmbdf!bu!Hpb!Csbodi!)bmm!gjhvsft!jo!*;
Tbmft 4-71-111 Ejtdpvou!bmmpxfe 23-111
Qvsdibtft 83-111 Ejtdpvou!fbsofe 2-911
Xbhft!qbje 41-111 Dbti!qbje!up!dsfejupst :1-111
Tbmbsjft!)jodmvejoh!!4-111!qbje!jo!bewbodf* 7-111 Dbti!tfou!up!cbol 2-31-111
Gjsf!Jotvsbodf!qsfnjvn!qbje!gps!pof!zfbs 5-911 Cvjmejoh!B0d!)gvsuifs!qbznfout!up!dpousbdupst* 7-111

NbobhfsÔt!tbmbsz!gps!:!npouit 21-911 Dbti!jo!iboe 3-511
Dbti!dpmmfdujpo!gspn!Efcupst 3-51-111 Dbti!bu!cbol 53-111
Qsfqbsf!uif!Ifbe!Pggjdf!Bddpvou!jo!uif!cpplt!pg!Hpb!csbodi!bt!po!42tu!Nbsdi!3129!up!tipx!fousjft!bgufs!uif!cpplt
bsf!dmptfe!boe!bmtp!uif!csbodi!Cbmbodf!Tiffu!po!uif!tbnf!ebuf-!bttvnjoh!uibu!ju!jt!up!cf!nbef!po!uif!tbnf!mjoft!bt!po!41ui
Tfqufncfs!3128/
Solution In the books of Goa Branch of Vivek & Co
Journal Dr. Cr.
3129 Tbmbsjft!Qbje!jo!Bewbodf!B0d Es/ 7-711
Nbsdi!42 Up!Tbmbsjft!B0d 4-111
Up!NbobhfsÔt!Tbmbsz!B0d 4-711
)Cfjoh!uif!bekvtunfou!gps!tbmbsjft!qbje!jo!bewbodf*
!!!!# Qsfqbje!Jotvsbodf!B0d Es/ 3-511
Up!Gjsf!Jotvsbodf!Qsfnjvn!B0d 3-511
)Cfjoh!bekvtunfou!gps!jotvsbodf!qbje!jo!bewbodf*
!!!!# Ifbe!Pggjdf!B0d Es/ 2-37-711
Up!Qvsdibtft!B0d 83-111
Up!Xbhft!B0d 41-111
Up!Tbmbsjft!B0d!)!7-111!Ï!!4-111* 4-111
Up!Gjsf!Jotvsbodf!B0d!)!5-911!Ï!!3-511* 3-511
Up!NbobhfstÔ!Tbmbsz!B0d!)!21-911!Ï!!4-711* 8-311
Up!Ejtdpvou!Bmmpxfe!B0d 23-111
)Cfjoh!uif!usbotgfs!pg!ejggfsfou!sfwfovf!jufnt!up!Ifbe!Pggjdf!Bddpvou!bgufs!nbljoh!bekvtunfou
gps!bewbodf!tbmbsz!boe!qsfqbje!jotvsbodf!qsfnjvn*
Tbmft!B0d Es/ 4-71-111
Ejtdpvou!Fbsofe!B0d Es/ 2-911
Up!Ifbe!Pggjdf!B0d 4-72-911
)Cfjoh!uif!usbotgfs!pg!ejggfsfou!!sfwfovf!jufnt!up!Ifbe!Pggjdf!Bddpvou*
Up!Cvjmejoh!B0d 7-111
)Cfjoh!uif!Bttfu!Bddpvou!cbmbodf!usbotgfssfe!up!Ifbe!Pggjdf!Bddpvou*
3129 3128
Nbsdi!42 Up!Qvsdibtft 83-111 Pdu/!2 Cz!Cbmbodf!c0g 3-63-111
Up!Xbhft 41-111 3129 Cz!Tbmft 4-71-111
Up!Tbmbsjft 4-111 Nbsdi!42 Cz!Ejtdpvou!Fbsofe 2-911
Up!Gjsf!Jotvsbodf 3-511
Up!Ejtdpvou!Bmmpxfe 23-111
Up!NbobhfsÔt!Tbmbsz 8-311
Up!Cvjmejoh 7-111
Up!Dbti!boe!Cbol!!)Opuf!2* 71-111
Up!Cbmbodf!d0e 5-32-311
7-24-911 7-24-911
Balance Sheet of Goa Branch as at 31st March, 2018

Mjbcjmjujft Bttfut
Ifbe!Pggjdf!Bddpvou 5-32-311 Tvoesz!Efcupst!)Opuf!3* 5-19-111
Tvoesz!Dsfejupst!)Opuf!4* 51-311 Qsfqbje!Jotvsbodf 3-511
Tbmbsjft!Qbje!jo!Bewbodf!;
Nbobhfs 4-711
Puifst 4-111 7-711
Dbti!bu!Cbol 53-111
Dbti!jo!Iboe 3-511
5-72-511 5-72-511
Working Notes :
Dr. (1) Cash and Bank Account Cr.
3128 3129
Pdu/!2 Up!Cbmbodf!c0g 23-111 Nbsdi!42 Cz!Xbhft 41-111
3129 Cz!Tbmbsjft 7-111
Nbsdi!42 Up!Tvoesz!Efcupst!)Dbti!dpmmfdufe* 3-51-111 Cz!Gjsf!Jotvsbodf!Qsfnjvn 5-911
Up!Dbti!#D# 2-31-111 Cz!Tbmbsz!up!Nbobhfs 21-911
Cz!Tvoesz!Dsfejupst!)Qbznfou* :1-111
Cz!Cbol!#D# 2-31-111
Cz!Cvjmejoh 7-111
Cz!I/P/!Sfnjuubodf!)Cbmbodjoh!gjhvsf* 71-111
Cz!Cbmbodf!d0e;
Dbti 3-511
Cbol 53-111
4-83-111 4-83-111
Dr. (2) Sundry Debtors Account Cr.

3128
Pdu/!2 Up!Cbmbodf!c0g 4-11-111 @ Cz!Dbti!boe!Cbol 3-51-111
Up!Tbmft 4-71-111 3129 Cz!Ejtdpvou!Bmmpxfe 23-111
Nbsdi!42 Cz!Cbmbodf!d0e 5-19-111
7-71-111 7-71-111
Dr. (3) Sundry Creditors Account Cr.

3129 3128
Nbsdi!42 Up!Dbti!boe!Cbol :1-111 Pdu/!2 Cz!Cbmbodf!c0g 71-111
Up!Ejtdpvou!Fbsofe 2-911 Cz!Qvsdibtft 83-111
Up!Cbmbodf!d0e 51-311
2-43-111 2-43-111
Method 2
Voefs!uijt!nfuipe-!csbodi!xjmm!qbtt!vtvbm!dmptjoh!fousjft!gps!usbotgpsnjoh!bmm!sfwfovf!jufnt!up!jut!Usbejoh!boe
Qspgju!boe!Mptt!Bddpvou/!Uif!ofu!qspgju!ps!mptt!jt!usbotgfssfe!up!Ifbe!Pggjdf!Bddpvou/!Ejggfsfou!bttfut!boe
mjbcjmjujft!bsf!dmptfe!uispvhi!Ifbe!pggjdf!Bddpvou!jo!uif!vtvbm!nboofs/!Uif!gpmmpxjoh!Kpvsobm!Fousjft!bsf!qbttfe;
1. For net profit
Qspgju!boe!Mptt!Bddpvou Es/
2. For net loss
! ! ! Up!Qspgju!boe!Mptt!Bddpvou
Bgufs!usbotgfssjoh!csbodi!qspgju0mptt!up!Ifbe!Pggjdf!Bddpvou-!uif!cbmbodf!pg!uif!Ifbe!Pggjdf!Bddpvou!jo!uif
csbodi!cpplt!xjmm!cf!frvbm!up!ofu!bttfut!)Bttfut!Ï!Mjbcjmjujft*/!Opx!uif!csbodi!dbo!qsfqbsf!jut!Cbmbodf!Tiffu-
ubljoh!ofu!bttfut!bt!dbqjubm!pg!uif!csbodi/
Ipxfwfs-!uif!csbodi!nbz!bmtp!dmptf!uif!Bttfut!boe!Mjbcjmjujft!Bddpvou!cz!qbttjoh!uif!gpmmpxjoh!fousjft/
1. For closing Assets Account
! ! ! Up!Bttfut!Bddpvout ! ! !\Joejwjevbmmz^
2. For closing Liabilities Account
Mjbcjmjujft!Bddpvout Es/!\Joejwjevbmmz^
\Bgufs!qbttjoh!bcpwf!fousjft-!uif!Ifbe!Pggjdf!Bddpvou!xjmm!opu!tipx!boz!cbmbodf^/
Illustration 60
Gspn!uif!jogpsnbujpo!hjwfo!jo!Jmmvtusbujpo!69-!qbtt!Kpvsobm!Fousjft!jo!uif!cpplt!pg!Binfebcbe!csbodi!up!dmptf!uif!cpplt
boe!qsfqbsf!jut!Ifbe!Pggjdf!Bddpvou/
Journal Dr. Cr.
3128 Efqsfdjbujpo!B0d Es/ 3-761
Efd/!42 Up!Ifbe!Pggjdf!Bddpvou 3-761
)Cfjoh!uif!efqsfdjbujpo!po!gjyfe!bttfut!bddpvout!nbjoubjofe!cz!uif!Ifbe!Pggjdf*
)Cfjoh!uif!bnpvou!sfnjuufe!po!39ui!Efd/-!3128!up!Ifbe!Pggjdf!cvu!dsfejufe!cz!ju!po!5ui!Kbo/-!3127*
Sfou!B0d Es/ 261
)Cfjoh!uif!pvutuboejoh!sfou!qbje*
Ifbe!Pggjdf!B0d Es/ 511
Up!Qspgju!'!Mptt!B0d 511
)Cfjoh!uif!usbotgfs!pg!mptt*
Up!Dbti!bu!Cbol!B0d 861
Up!Dbti.jo.Usbotju!B0d 5-111
Up!Dmptjoh!Tupdl!B0d 25-461
)Cfjoh!uif!bttfut!bddpvou!cbmbodft!usbotgfssfe*
Dsfejupst!B0d Es/ 3-811
Pvutuboejoh!Sfou!B0d Es/ 261
)Cfjoh!mjbcjmjujft!bddpvou!cbmbodft!usbotgfssfe*
In the books of Ahmedabad Branch

42/23/3128 Up!Qspgju!'!Mptt!B0d 511 42/23/3128 Cz!Cbmbodf!c0e 25-111
Up!Tvoesz!Bttfut!B0d 34-211 Cz!Dbti.jo.Usbotju!B0d 5-111
Cz!Efqsfdjbujpo!B0d 3-761
Cz!Tvoesz!Mjbcjmjujft!B0d 3-961
34-611 34-611
Working Notes:
Dr. Trading and Profit and Loss Account for the year ended 31st December, 2017 Cr.
Up!Pqfojoh!Tupdl 9-311 Cz!Tbmft 45-:61
Up!Qvsdibtft!! ! ! ! ! ! ! ! ! ! ! ! ! ! 23-911 Cz!Dmptjoh!Tupdl 25-461
! ! Mftt;!Sfuvsot!! ! ! ! ! ! ! ! ! ! ! ! ! ! !411 23-611
Up!Xbhft 7-661
Up!Nbovgbduvsjoh!Fyqfotft 4-511
Up!Hppet!sfdfjwfe!gspn!I/P/ 8-311
5:-411 5:-411
Up!Sfou!! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! 2-811 Cz!Hsptt!Qspgju!c0e 22-561
! ! Bee;!Pvutuboejoh!! ! ! ! ! ! ! ! ! ! ! !! 261 2-961 Cz!Ejtdpvou 261
Up!Tbmbsjft 6-611 Cz!Ofu!Mptt 511
Up!Hfofsbm!fyqfotft 3-111
Up!Efqsfdjbujpo;
! ! ! Po!Nbdijofsz!! ! ! ! ! ! ! ! ! ! ! ! ! 3-611
! ! ! Po!Gvsojuvsf!! ! ! ! ! ! ! ! ! ! ! ! ! ! 261 3-761
23-111 23-111
Foreign Branches
Xifo!b!csbodi!jt!ftubcmjtife!bcspbe-!ju!jt!dbmmfe!b!Gpsfjho!Csbodi/!Uif!bddpvoujoh!bssbohfnfout!gps!b!gpsfjho
csbodi!bsf!fybdumz!uif!tbnf!bt!gps!boz!joefqfoefou!csbodi-!vq!up!uif!Usjbm!Cbmbodf/!Cvu!jo!uijt!dbtf!bddpvout
bsf!nbjoubjofe!jo!gpsfjho!dvssfodz!up!dpssftqpoe!xjui!uif!mpdbm!dpoejujpot/!Uif!nbjo!qspcmfn!xijdi!uif!Ifbe
Pggjdf!ibt!up!gbdf!jt!uif!sftubufnfou!pg!bddpvout!pg!pof!dvssfodz!joup!bopuifs/!Jo!psefs!up!jodpsqpsbuf!uif!Usjbm
Cbmbodf!pg!b!gpsfjho!csbodi!jo!uif!cpplt!pg!uif!Ifbe!Pggjdf-!ju!nvtu!cf!usbotmbufe!joup!uif!dvssfodz!pg!uif!Ifbe
Pggjdf!bt!qfs!uif!qspwjtjpo!pg!BT.22!Ð!#Uif!Fggfdut!pg!Dibohft!jo!Gpsfjho!Fydibohf!Sbuft#/
Uif!dpowfstjpo!sbuf!xjmm!efqfoe!vqpo!uif!dmbttjgjdbujpo!pg!gpsfjho!pqfsbujpot/
Classification of Foreign Operations
Gpsfjho!pqfsbujpot!bsf!dmbttjgjfe!bt!;
)j*!Joufhsbm!gpsfjho!pqfsbujpot<!boe!)jj*!Opo.joufhsbm!gpsfjho!pqfsbujpot/
Bo! joufhsbm! gpsfjho! pqfsbujpo! jt! b! efqfoefou! gpsfjho! pqfsbujpo! ps! bo! fyufotjpo! pg! uif! bdujwjujft! pg! uif
sfqpsujoh!foufsqsjtf/
Gps!fybnqmf-!Ubub!Npupst!Mue/!ibt!b!csbodi!pggjdf!bu!Eiblb-!Cbohmbefti/!Uijt!csbodi!jt!fydmvtjwfmz!tfmmjoh!Ubub
dpnnfsdjbm!wfijdmft!boe!qbttfohfs!dbst!boe!sfnjut!uif!dbti!jnnfejbufmz!up!Ubub!Npupst!Mue/
Uijt!jt!bo!joufhsbm!gpsfjho!pqfsbujpo/
B!opo.joufhsbm!gpsfjho!pqfsbujpo!ufoet!up!bdu!bt!b!tuboe.bmpof!voju-!bddvnvmbuft!dbti!boe!puifs!npofubsz
jufnt-! jodvst! fyqfotft-! hfofsbuf! jodpnft! boe! qfsibqt! bssbohft! cpsspxjoht-! bmm! tvctuboujbmmz! jo! jut! mpdbm
dvssfodz/
Uif!gpmmpxjoh!bsf!joejdbujpot!uibu!b!gpsfjho!pqfsbujpo!jt!b!opo.joufhsbm!gpsfjho!pqfsbujpo!sbuifs!uibo!bo
joufhsbm!gpsfjho!pqfsbujpo;
)b*! xijmf!uif!sfqpsujoh!foufsqsjtf!nbz!dpouspm!uif!gpsfjho!pqfsbujpo-!uif!bdujwjujft!pg!uif!gpsfjho!pqfsbujpo
bsf!dbssjfe!pvu!xjui!b!tjhojgjdbou!efhsff!pg!bvupopnz!gspn!uiptf!pg!uif!sfqpsujoh!foufsqsjtf<
)c*! usbotbdujpot!xjui!uif!sfqpsujoh!foufsqsjtf!bsf!opu!b!ijhi!qspqpsujpo!pg!uif!gpsfjho!pqfsbujpoÔt!bdujwjujft<
)d*! uif!bdujwjujft!pg!uif!gpsfjho!pqfsbujpo!bsf!gjobodfe!nbjomz!gspn!jut!pxo!pqfsbujpot!ps!mpdbm!cpsspxjoht
sbuifs!uibo!gspn!uif!sfqpsujoh!foufsqsjtf<
)e*! dptut!pg!mbcpvs-!nbufsjbm!boe!puifs!dpnqpofout!pg!uif!gpsfjho!pqfsbujpoÔt!qspevdut!ps!tfswjdft!bsf
qsjnbsjmz!qbje!ps!tfuumfe!jo!uif!mpdbm!dvssfodz!sbuifs!uibo!jo!uif!sfqpsujoh!dvssfodz<
)f*! uif!gpsfjho!pqfsbujpoÔt!tbmft!bsf!nbjomz!jo!dvssfodjft!puifs!uibo!uif!sfqpsujoh!dvssfodz<
)g*! dbti! gmpxt! pg! uif! sfqpsujoh! foufsqsjtf! bsf! jotvmbufe! gspn! uif! ebz.up.ebz! bdujwjujft! pg! uif! gpsfjho
pqfsbujpo!sbuifs!uibo!cfjoh!ejsfdumz!bggfdufe!cz!uif!bdujwjujft!pg!uif!gpsfjho!pqfsbujpo<
)h*! tbmft!qsjdft!gps!uif!gpsfjho!pqfsbujpoÔt!qspevdut!bsf!opu!qsjnbsjmz!sftqpotjwf!po!b!tipsu.ufsn!cbtjt!up
dibohft! jo! fydibohf! sbuft! cvu! bsf! efufsnjofe! npsf! cz! mpdbm! dpnqfujujpo! ps! mpdbm! hpwfsonfou
sfhvmbujpo<!boe
)i*! uifsf!jt!bo!bdujwf!mpdbm!tbmft!nbslfu!gps!uif!gpsfjho!pqfsbujpoÔt!qspevdut-!bmuipvhi!uifsf!bmtp!njhiu!cf
tjhojgjdbou!bnpvout!pg!fyqpsut/
Uif!bqqspqsjbuf!dmbttjgjdbujpo!gps!fbdi!pqfsbujpo!dbo-!jo!qsjodjqmf-!cf!ftubcmjtife!gspn!gbduvbm!jogpsnbujpo
sfmbufe! up! uif! joejdbupst! mjtufe! bcpwf/! Jo! tpnf! dbtft-! uif! dmbttjgjdbujpo! pg! b! gpsfjho! pqfsbujpo! bt! fjuifs! b
opo.joufhsbm!gpsfjho!pqfsbujpo!ps!bo!joufhsbm!gpsfjho!pqfsbujpo!pg!uif!sfqpsujoh!foufsqsjtf!nbz!opu!cf!dmfbs-!boe
kvehfnfou!jt!ofdfttbsz!up!efufsnjof!uif!bqqspqsjbuf!dmbttjgjdbujpo/
Translation of Foreign Integral Operations
Uif!gjobodjbm!tubufnfout!pg!bo!joufhsbm!gpsfjho!pqfsbujpo!tipvme!cf!usbotmbufe!!bt!jg!uif!usbotbdujpot!pg!uif!gpsfjho
pqfsbujpo!ibe!cffo!uiptf!pg!uif!sfqpsujoh!foufsqsjtf!jutfmg/
Uif!dptu!boe!efqsfdjbujpo!pg!ubohjcmf!gjyfe!bttfut!jt!usbotmbufe!vtjoh!uif!fydibohf!sbuf!bu!uif!ebuf!pg!qvsdibtf
pg!uif!bttfu!ps-!jg!uif!bttfu!jt!dbssjfe!bu!gbjs!wbmvf!ps!puifs!tjnjmbs!wbmvbujpo-!vtjoh!uif!sbuf!uibu!fyjtufe!po!uif
ebuf!pg!uif!wbmvbujpo/!Uif!dptu!pg!jowfoupsjft!jt!usbotmbufe!bu!uif!fydibohf!sbuft!uibu!fyjtufe!xifo!uiptf!dptut
xfsf!jodvssfe/!Uif!sfdpwfsbcmf!bnpvou!ps!sfbmjtbcmf!wbmvf!pg!bo!bttfu!jt!usbotmbufe!vtjoh!uif!fydibohf!sbuf!bu
uif!ebuf!bt!bu!xijdi!uif!ofu!sfbmjtbcmf!wbmvf!jt!efufsnjofe/!Uif!sbuf!vtfe!jt!uifsfgpsf!vtvbmmz!uif!dmptjoh!sbuf/
Illustration 61
Po!42tu!Nbsdi-!3128-!uif!gpmmpxjoh!mfehfs!cbmbodft!ibwf!cffo!fyusbdufe!gspn!uif!cpplt!pg!Xbtijohupo!Csbodi!Pggjdf!;
Mfehfs!Bddpvout
Cvjmejoh 291
Tupdl!bt!po!2/5/3127 37
Dbti!boe!Cbol!Cbmbodft 68
Qvsdibtft :7
Tbmft 221
Dpnnjttjpo!Sfdfjqut 39
Efcupst 57
Dsfejupst 76
Zpv!bsf!sfrvjsfe!up!dpowfsu!bcpwf!mfehfs!cbmbodft!joup!Joejbo!Svqfft/
Vtf!uif!gpmmpxjoh!sbuft!pg!fydibohf!;
)b*!Pqfojoh!sbuf!;!!57!qfs!%
)c*!Dmptjoh!sbuf!;!!61!qfs!%
)d*!Bwfsbhf!sbuf!;!!59!qfs!%
)e*!Gps!gjyfe!bttfut!;!!53!qfs!%/
\Bttvnfe!uibu!uif!csbodi!jt!bo!joufhsbm!gpsfjho!pqfsbujpo!pg!uif!Joejbo!dpnqboz/^
Solution Conversion of Ledger Balances (in Dollars) into Rupees
Epmmbs Sbuf!pg Svqfft
Mfehfs!Cbmbodft Fydibohf
Es/ Ds/ Qfs!% Es/ Ds/
2/! ! Cvjmejoh 291 Ï 53 8-671 Ï
3/! ! Tupdl!bt!po!2/5/3127 37 Ï 57 2-2:7 Ï
4/! ! Dbti!boe!Cbol!Cbmbodft 68 Ï 61 3-961 Ï
5/! ! Qvsdibtft :7 Ï 59 5-719 Ï
6/! ! Tbmft Ï 221 59 Ï 6-391
7/! ! Dpnnjttjpo!Sfdfjqut Ï 39 59 Ï 2-455
8/! ! Efcupst 57 Ï 61 3-411 Ï
9/! ! Dsfejupst Ï 76 61 Ï 4-361
Points to Remember
Tm/!Op/ Jufnt Dpowfstjpo!Svmft
2/ Gjyfe!bttfut!boe!efqsfdjbujpo!uifsfpo Sbuf!bqqmjdbcmf!po!uif!ebuf!pg!qvsdibtf
3/ Gjyfe!mjbcjmjujft Sbuf!bqqmjdbcmf!xifo!jodvssfe
4/ Dvssfou!bttfut0mjbcjmjujft Sbuf!qsfwbjmjoh!bu!uif!zfbs.foe
5/ Pqfojoh!tupdl Sbuf!qsfwbjmjoh!bu!uif!cfhjoojoh!pg!uif!zfbs
6/ Sfwfovf!jufnt Bwfsbhf!sbuf!pg!uif!qfsjpe
7/ Dmptjoh!tupdl Sbuf!qsfwbjmjoh!bu!uif!zfbs.foe
8/ Sfnjuubodft Bduvbm!sbuft!bu!xijdi!uiftf!xfsf!nbef
9/ I/P/!Dvssfou!Bddpvou Bu!uif!bduvbm!gjhvsft!tipxo!gps!uif!Csbodi!Bddpvou!jo!uif!cpplt!pg!uif!I/P/
Illustration 62
EN!Mue/-!Efmij!ibt!b!csbodi!jo!Mpoepo/!Mpoepo!csbodi!jt!bo!joufhsbm!gpsfjho!pqfsbujpo!pg!EN!Mue/!Bu!uif!foe!pg!uif!zfbs
42tu!Nbsdi-!3129-!uif!csbodi!gvsojtift!uif!gpmmpxjoh!Usjbm!Cbmbodf!jo!VL!Qpvoe/
Qbsujdvmbst Es/ Ds/
Gjyfe!Bttfut!)bdrvjsfe!po!2tu!Bqsjm-!3122* 35-111 Ð
Tupdl!bt!po!2tu!Bqsjm-!3128 22-311 Ð
Hppet!gspn!Ifbe!Pggjdf 75-111 Ð
Fyqfotft 5-911 Ð
Efcupst 5-911 Ð
Dsfejupst Ð 4-311
Dbti!bu!Cbol 2-311 Ð
Ifbe!Pggjdf!Bddpvou Ð 33-911
Qvsdibtft 23-111 Ð
Tbmft Ð :7-111
2-33-111 2-33-111
Jo!ifbe!pggjdf!cpplt-!uif!Csbodi!Bddpvou!tuppe!bt!tipxo!cfmpx!;
Mpoepo!Csbodi!Bddpvou
Up!Cbmbodf!c0e 31-21-111 Cz!Cbol!B0d 63-27-111
Up!Hppet!Tfou!up!Csbodi 5:-37-111 Cz!Cbmbodf!d0e 28-31-111
7:-47-111 7:-47-111
Uif!gpmmpxjoh!gvsuifs!jogpsnbujpo!bsf!hjwfo!;
)b* Gjyfe!bttfut!bsf!up!cf!efqsfdjbufe!A!21&!q/b/!po!tusbjhiu!mjof!cbtjt/
)c* Po!42tu!Nbsdi-!3129!;
Fyqfotft!pvutuboejoh!£!511
Qsfqbje!fyqfotft!£!311
Dmptjoh!tupdl!£!9-111
)d* Sbuf!pg!Fydibohf!;
2tu!Bqsjm-!3122!!81!up!£!2
2tu!Bqsjm-!3128!!87!up!£!2
42tu!Nbsdi-!3129!!!88!up!£!2
Bwfsbhf!!86!up!£!2
Zpv!bsf!sfrvjsfe!up!qsfqbsf!;
)j* Usjbm!Cbmbodf!jodpsqpsbujoh!bekvtunfout!pg!pvutuboejoh!boe!qsfqbje!fyqfotft-!dpowfsujoh!VL!Qpvoe!joup!Joejbo
Svqfft/
)jj* Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!gps!uif!zfbs!foefe!42tu!Nbsdi-!3129!boe!uif!Cbmbodf!Tiffu!bt!po!uibu!ebuf
pg!Mpoepo!csbodi!bt!xpvme!bqqfbs!jo!uif!cpplt!pg!Efmij!ifbe!pggjdf!pg!EN!Mue/
Solution DM Ltd.
London Branch Converted Trial Balance as at 31st March, 2018
! Tm/Op/ Ifbet!pg!Bddpvou VL!Qpvoe!)£* Fydibohf Joejbo!Svqff!)*
Es/ Ds/ Sbuf Es/ Ds/
2/ Gjyfe!Bttfut 35-111 Ï 81 27-91-111 Ï
3/ Tupdl!bt!po!2tu!Bqsjm-!3119 22-311 Ï 87 9-62-311 Ï
4/ Hppet!gspn!I/P/ 75-111 Ï Bduvbm 5:-37-111 Ï
5/ Fyqfotft!)!5-911!,!511!Ï!311* 6-111 Ï 86 4-86-111 Ï
6/ Efcupst 5-911 Ï 88 4-7:-711 Ï
7/ Dsfejupst Ï 4-311 88 Ï 3-57-511
8/ Dbti!bu!Cbol 2-311 Ï 88 :3-511 Ï
9/ Ifbe!Pggjdf!Bddpvou Ï 33-911 Bduvbm Ï 28-31-111
:/ Qvsdibtft 23-111 Ï 86 :-11-111 Ï
21/ Tbmft Ï :7-111 86 Ï 83-11-111
22/ Qsfqbje!Fyqfotft 311 Ï 88 26-511 Ï
23/ Pvutuboejoh!Fyqfotft Ï 511 88 Ï 41-911
Ejggfsfodf!po!Fydibohf Ï Ï Ï Ï 23-511
2-33-511 2-33-511 :3-1:-711 :3-1:-711
Dmptjoh!Tupdl!bu!!88!qfs!qpvoe!>!9-111!!!88!>!!7-27-111/
DM Ltd.
Dr. Trading, Profit and Loss Account for the year ended March, 2018 Cr.
Up!Pqfojoh!Tupdl 9-62-311 Cz!Tbmft 83-11-111
Up!Qvsdibtft :-11-111 Cz!Dmptjoh!Tupdl 7-27-111
Up!Hppet!gspn!I/P/ 5:-37-111
89-27-111 89-27-111
Up!Fyqfotft 4-86-111 Cz!Hsptt!Qspgju!c0e 22-49-911
Up!Efqsfdjbujpo!)21&!pg!!27-91-111* 2-79-111 Cz!Ejggfsfodf!po!Fydibohf!)Tff!Opuf!cfmpx* 23-511
Up!Ofu!Qspgju 7-19-311
22-62-311 22-62-311
Uvupsjbm!Opuf!;!BT.22!)sfwjtfe*!tubuft!uibu!jo!dbtf!b!gpsfjho!pqfsbujpo!jt!efufsnjofe!bt!bo!joufhsbm!pqfsbujpo-!gjobodjbm
tubufnfout!tipvme!cf!usbotmbufe!vtjoh!uif!tbnf!qsjodjqmf-!bt!jg!uif!gpsfjho!pqfsbujpo!ibe!cffo!uiptf!pg!uif!sfqpsujoh
foujuz!jutfmg/!Uif!sftvmujoh!fydibohf!hbjo!ps!mptt!tipvme!cf!sfdphojtfe!jo!uif!Tubufnfou!pg!Qspgju!boe!Mptt/
DM Ltd.
Balance Sheet of as at 31st March, 2018
Mjbcjmjujft Bttfut
Ifbe!Pggjdf!Cbmbodf 28-31-111 Gjyfe!Bttfut 27-91-111
Bee;!Qspgju 7-19-311 34-39-311 Mftt;!Efqsfdjbujpo 2-79-111 26-23-111
Pvutuboejoh!Fyqfotft 41-911 Efcupst 4-7:-711
Dsfejupst 3-57-511 Qsfqbje!Fyqfotft 26-511
Dmptjoh!Tupdl 7-27-111
Dbti!bu!Cbol :3-511
37-16-511 37-16-511
Translation of Foreign Non-integral Operations

Jo! usbotmbujoh! uif! gjobodjbm! tubufnfout!pg!b!opo.joufhsbm!gpsfjho!pqfsbujpo!gps!jodpsqpsbujpo!jo!jut!gjobodjbm
tubufnfout-!uif!sfqpsujoh!foufsqsjtf!tipvme!vtf!uif!gpmmpxjoh!qspdfevsft;
)b*! uif! bttfut! boe! mjbcjmjujft-! cpui! npofubsz! boe! opo.npofubsz-! pg! uif! opo.joufhsbm! gpsfjho! pqfsbujpo
tipvme!cf!usbotmbufe!bu!uif!dmptjoh!sbuf<
)c*! jodpnf!boe!fyqfotf!jufnt!pg!uif!opo.joufhsbm!gpsfjho!pqfsbujpo!tipvme!cf!usbotmbufe!bu!fydibohf!sbuft
bu!uif!ebuft!pg!uif!usbotbdujpot<!boe
)d*! bmm!sftvmujoh!fydibohf!ejggfsfodft!tipvme!cf!bddvnvmbufe!jo!b!gpsfjho!dvssfodz!usbotmbujpo!sftfswf
voujm!uif!ejtqptbm!pg!uif!ofu!jowftunfou/
Gps!qsbdujdbm!sfbtpot-!b!sbuf!uibu!bqqspyjnbuft!uif!bduvbm!fydibohf!sbuft-!gps!fybnqmf!bo!bwfsbhf!sbuf!gps
uif!qfsjpe-!jt!pgufo!vtfe!up!usbotmbuf!jodpnf!boe!fyqfotf!jufnt!pg!b!gpsfjho!pqfsbujpo/
Illustration 63
Bo!Joejbo!dpnqboz-!Nppo!Tubs!Mjnjufe!ibt!b!csbodi!bu!Wfshjob!)VTB*/!Uif!csbodi!jt!b!opo.joufhsbm!gpsfjho!pqfsbujpo!pg
uif!Joejbo!dpnqboz/!Uif!Usjbm!Cbmbodf!pg!uif!csbodi!bt!bu!42tu!Nbsdi-!3128!jt!bt!gpmmpxt!;
Qbsujdvmbst VT!%
Es/ Ds/
Pggjdf!frvjqnfout 59-111 Ð
Gvsojuvsf!boe!gjyuvsft 43-111 Ð
Tupdl!)Bqsjm!2-!3127* 33-511 Ð
Qvsdibtft :7-111 Ð
Tbmft Ð 2-77-511
Hppet!Tfou!gspn!I/P/ 43-111 Ð
Tbmbsjft 4-311 Ð
Dbssjbhf!Joxbse 511 Ð
Sfou-!Sbuft!boe!Ubyft 911 Ð
Jotvsbodf 511 Ð
Usbef!Fyqfotft 511 Ð
Ifbe!Pggjdf!Bddpvou Ð 56-711
Tvoesz!Efcupst :-711 Ð
Tvoesz!Dsfejupst Ð 7-911
Dbti!bu!Cbol 3-111 Ð
Dbti!jo!Iboe 511 Ð
UPUBM 3-29-911 3-29-911
Uif!gpmmpxjoh!gvsuifs!jogpsnbujpo!jt!hjwfo!;
)2*! Tbmbsjft!pvutuboejoh!%!511/
)3*! Efqsfdjbuf!pggjdf!frvjqnfou!boe!gvsojuvsf!boe!gjyuvsft!A!21&!q/b/!bu!xsjuufo.epxo!wbmvf/
)4*! Uif!ifbe!pggjdf!tfou!hppet!up!csbodi!gps!!26-91-111/
)5*! Uif!ifbe!pggjdf!tipxt!bo!bddpvou!pg!!31-61-111!evf!gspn!Csbodi/
)6*! Tupdl!po!42tu!Nbsdi-!3128!Ï!%!32-611/
)7*! Uifsf!xfsf!op!usbotju!jufnt!fjuifs!bu!uif!tubsu!ps!bu!uif!foe!pg!uif!zfbs/
)8*! Po!Bqsjm!2-!3128!xifo!uif!gjyfe!bttfut!xfsf!qvsdibtfe!uif!sbuf!pg!fydibohf!xbt!!54!up!pof!%/!Po!Bqsjm!2-!3127-!uif
sbuf!xbt!!58!qfs!%/!Po!Nbsdi!42-!3128!uif!sbuf!xbt!!61!qfs!%/!Bwfsbhf!sbuf!evsjoh!uif!zfbs!xbt!!56!up!pof!%/
Qsfqbsf!;
)b* Usjbm!Cbmbodf!jodpsqpsbujoh!bekvtunfout!hjwfo!dpowfsujoh!epmmbst!joup!svqfft/
)c* Usbejoh-!Qspgju!boe!Mptt!Bddpvou!gps!uif!zfbs!foefe!42tu!Nbsdi-!3128-!boe!Cbmbodf!Tiffu!bt!po!ebuf!efqjdujoh
uif!qspgjubcjmjuz!boe!ofu!qptjujpo!pg!uif!csbodi!bt!xpvme!bqqfbs!jo!uif!cpplt!pg!Joejbo!dpnqboz!gps!uif!qvsqptf
pg!jodpsqpsbujoh!jo!uif!nbjo!Cbmbodf!Tiffu/
Solution Moon Star Limited
Virginia (USA) Branch Converted Trial Balance as at 31st March, 2017
Ifbet!pg!Bddpvou VT!Epmmbs!)%* Sbuf!pg Joejbo!Svqff!)*
Es/ Ds/ Fydibohf Es/ Ds/
Pggjdf!Frvjqnfout 54-311 61 32-71-111
Gvsojuvsf!boe!Gjyuvsft 3-991 61 2-55-111
Tupdl!)2tu!Bqsjm-!3127* 33-511 58 21-63-911
Qvsdibtft :7-111 56 54-31-111
Tbmft 2-77-511 56 85-99-111
Hppet!Tfou!gspn!I/P/ 43-111 Bduvbm 26-91-111
Tbmbsjft!)!4-311!,!511* 4-711 56 2-73-111
Dbssjbhf!Joxbse 511 56 29-111
Sfou-!Sbuft!boe!Ubyft 911 56 47-111
Jotvsbodf 511 56 29-111
Usbef!Fyqfotft 511 56 29-111
Ifbe!Pggjdf!Bddpvou 56-711 Bduvbm 31-61-111
Tvoesz!Efcupst :-711 61 5-91-111
Tvoesz!Dsfejupst 7-911 61 4-51-111
Dbti!bu!Cbol 3-111 61 2-11-111
Dbti!jo!Iboe 511 61 31-111
Efqsfdjbujpo!po!;
Pggjdf!Frvjqnfout 5-911 61 3-51-111
Gvsojuvsf!boe!Gjyuvsf 431 61 27-111
Pvutuboejoh!Tbmbsjft 511 61 31-111
Fydibohf!Ejggfsfodf 5-77-911
3-2:-311 3-2:-311 2-14-75-911 2-14-75-911
Dmptjoh!Tupdl!>!32-611!!61!>!!21-86-111/
Dr. Trading, Profit and Loss Account of Virginia Branch (USA) for the year ended March, 2017 Cr.
Up!Pqfojoh!Tupdl 21-63-911 Cz!Tbmft 85-99-111
Up!Qvsdibtft 54-31-111 Cz!Dmptjoh!Tupdl 21-86-111
Up!Hppet!gspn!I/P/ 26-91-111
Up!Dbssjbhf!Joxbse 29-111
Up!Hsptt!Qspgju!d0e 26-:3-311
96-74-111 96-74-111
Up!Tbmbsjft 2-73-111 Cz!Hsptt!Qspgju!c0e 26-:3-311
Up!Sfou-!Sbuft!boe!Ubyft 47-111
Up!Jotvsbodf 29-111
Up!Usbef!Fyqfotft 29-111
Up!Efqsfdjbujpo!;
Pggjdf!Frvjqnfou 3-51-111
Gvsojuvsf!boe!Gjyuvsft 27-111
Up!Ofu!Qspgju!d0e 22-13-111
26-:3-311 26-:3-311
Balance Sheet of Virginia Branch (USA) as at 31st March, 2017
Mjbcjmjujft Bttfut
Ifbe!Pggjdf!Bddpvou 31-61-111 Pggjdf!Frvjqnfou 32-71-111
Bee;!Ofu!Qspgju 22-13-311 Gvsojuvsf!boe!Gjyuvsft 2-55-111
42-63-311 Dmptjoh!Tupdl 21-86-111
Gpsfjho!Dvssfodz!Usbotbdujpo!Sftfswf!)Tff!Opuf* 5-77-911 Tvoesz!Efcupst 5-91-111
Tvoesz!Dsfejupst 4-51-111 Dbti!bu!Cbol 2-11-111
Pvutuboejoh!Tbmbsjft 31-111 Dbti!jo!Iboe 31-111
4:-8:-111 4:-8:-111
Uvupsjbm!Opuf!;!BT.22!)sfwjtfe*!tubuft!uibu!jo!dbtf!b!gpsfjho!pqfsbujpo!jt!efufsnjofe!bt!b!opo.joufhsbm!pqfsbujpo-!bmm
fydibohf!ejggfsfodft!tipvme!cf!bddvnvmbufe!jo!b!gpsfjho!dvssfodz!usbotbdujpo!sftfswf/
Illustration 64
T!'!N!Mue/-!Nvncbj-!ibwf!b!csbodi!jo!Tzeofz-!Bvtusbmjb/!Uif!Tzeofz!csbodi!jt!bo!joufhsbm!gpsfjho!pqfsbujpo!pg!T!'!N
Mue/!Bu!uif!foe!pg!42tu!Nbsdi-!3129-!uif!gpmmpxjoh!mfehfs!cbmbodft!ibwf!cffo!fyusbdufe!gspn!uif!cpplt!pg!uif!Nvncbj
Pggjdf!boe!uif!Tzeofz!Pggjdf!;
Qbsujdvmbst Nvncbj!)!Ô111* Tzeofz!)Bvtus!%!Ô111*
! ! ! Es/ ! ! Ds/! Es/! Ds/!
Tibsf!Dbqjubm Ð 3-111 Ð Ð
Sftfswf!boe!Tvsqmvt Ð 2-111 Ð Ð
Mboe 611 Ð Ð Ð
Cvjmejoht!)dptu* 2-111 Ð Ð Ð
Cvjmejoh!Efqsfdjbujpo!!Sftfswf Ð 311 Ð Ð
Qmbou!boe!Nbdijofsz!)dptu* 3-611 Ð 311 Ð
Qmbou!boe!Nbdijofsz!Efqsfdjbujpo!Sftfswf Ð 711 Ð 241
Efcupst!0!Dsfejupst 391 311 71 41
Tupdl!)2/5/3128* 211 Ð 31 Ð
Csbodi!Tupdl!Sftfswf Ð 5 Ð Ð
Dbti!boe!Cbol!Cbmbodft 21 Ð 21 Ð
Qvsdibtft!0!Tbmft 351 631 31 234
Hppet!Tfou!up!Csbodi Ð 211 6 Ð
Nbobhjoh!EjsfdupsÔt!Tbmbsz 41 Ð Ð Ð
Xbhft!boe!Tbmbsjft 86 Ð 56 Ð
Sfou Ð Ð 23 Ð
Pggjdf!Fyqfotft 36 Ð 29 Ð
Dpnnjttjpo!Sfdfjqut Ð 367 Ð 211
Csbodi!0!I/P/!Dvssfou!B0d 231 Ð Ð 8
UPUBM 5-991 5-991 4:1 4:1
Uif!gpmmpxjoh!jogpsnbujpo!jt!bmtp!bwbjmbcmf!;
)2* Tupdl!bt!bu!42/4/3129!!Ð!Nvncbj!!2-61-111<!Tzeofz!!B!%!4-236/
)3* Ifbe!pggjdf!bmxbzt!tfou!hppet!up!uif!csbodi!bu!dptu!qmvt!36&/
)4* Qspwjtjpo!jt!up!cf!nbef!gps!epvcugvm!efcut!bu!6&/
)5* Efqsfdjbujpo!jt!up!cf!qspwjefe!po!cvjmejoht!bu!21&!boe!po!qmbou!boe!nbdijofsz!bu!31&!po!xsjuufo.epxo!wbmvft/
)6* Uif!Nbobhjoh!Ejsfdups!jt!foujumfe!up!3&!dpnnjttjpo!po!ofu!qspgjut/
)7* Jodpnf!uby!jt!up!cf!qspwjefe!bu!58/6&/
Zpv!bsf!sfrvjsfe!up;
)b*! Dpowfsu!uif!Csbodi!Usjbm!Cbmbodf!joup!Svqfft<!)vtf!uif!gpmmpxjoh!sbuft!pg!fydibohf*
Pqfojoh!sbuf!B%!>!!31<!Dmptjoh!sbuf!B%!>!!35<!Bwfsbhf!sbuf!B%!>!!33<!Gps!Gjyfe!Bttfut!B%!>!!29/
)c*! Qsfqbsf!uif!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!gps!uif!zfbs!foefe!42tu!Nbsdi-!3129!tipxjoh!up!uif!fyufou
qpttjcmf!I/P/!sftvmut!boe!Csbodi!sftvmut!tfqbsbufmz/!)Cbmbodf!Tiffu!opu!sfrvjsfe*/
Solution (a) S.M. Ltd
Sydne y Branch Converted Trial Balance as at 31st March. 2018
Ifbet!pg!Bddpvou Bvtusbmjbo!Epmmbs Sbuf!pg Svqfft
Es/ Ds/ Fydibohf Es/! Ds/
)Ô111* )Ô111* )* )Ô111* )Ô111*
Qmbou!boe!Nbdijofsz!)dptu* 3-11 Ð 29 47-11 Ð
Qmbou!boe!Nbdijofsz!Efqsfdjbujpo!Sftfswf Ð 2-41 29 Ð 34-51
Efcupst 71 Ð 35 25-51 Ð
Dsfejupst Ð 41 35 Ð 8-31
Tupdl!)2/5/3128* 31 Ð 31 5-11 Ð
Dbti!boe!Cbol!Cbmbodft 21 Ð 35 3-51 Ð
Qvsdibtft 31 Ð 33 5-51 Ð
Tbmft Ð 2-34 33 Ð 38-17
Hppet!gspn!I/P/ 6 Ð Bduvbm 2-11 Ð
Xbhft!boe!Tbmbsjft 56 Ð 33 :-:1 Ð
Sfou 23 Ð 33 3-75 Ð
Pggjdf!Fyqfotft 29 Ð 33 4-:7 Ð
Dpnnjttjpo!Sfdfjqut Ð 2-11 33 Ð 33-11
I/P/!Dvssfou!Bddpvou Ð 8 Bduvbm Ð 2-31
Ejggfsfodf!po!Fydibohf Ð Ð Ð 3-27 Ð
4-:1 4-:1 91-97 91-97
Solution (b) S & M Ltd
Dr. Trading and Profit and Loss Account for the year ended on 31st March, 2018 (Ŭ000) Cr.
Qbsujdvmbst Ifbe Csbodi Upubm Qbsujdvmbst Ifbe Csbodi Upubm
Pggjdf Pggjdf
Up!Pqfojoh!Tupdl 2-11 5-11 6-11 Cz!Tbmft 6-31 38-17 43-37
Up!Qvsdibtft 3-51 5-51 7-91 Cz!Hppet!Tfou!up!Csbodi 2-11 Ð 2-11
Up!Hppet!gspn!I/P/ Ð 2-11 2-11 Cz!Dmptjoh!Tupdl 2-61 86 3-36
Up!Hsptt!Qspgju!d0e 5-41 29-52 33-82
8-81 38-92 46-62 8-81 38-92 46-62
Up!Xbhft!boe!Tbmbsjft 86 :-:1 21-76 Cz!Hsptt!Qspgju!c0e 5-41 29-52 33-82
Up!Sfou Ð 3-75 3-75 Cz!Dpnnjttjpo!Sfdfjqut 3-67 33-11 35-67
Up!Pggjdf!Fyqfotft 36 4-:7 5-32
Up!Qspw/!gps!Epvcugvm!Efcut!A!6& 25 83 97
Up!Efqsfdjbujpo!)Opuf!2* 5-71 3-63 8-23
Up!Ejggfsfodf!po!Fydibohf Ð 3-27 3-27
Up!Csbodi!Tupdl!Sftfswf!)Opuf!3* 22 Ð 22
Up!Cbmbodf!d0e 2-12 29-62 2:-:3
7-97 51-52 58-38 7-97 51-52 58-38
Up!Nbobhjoh!Ejsfdupst!Sfnvofsbujpo!; Cz!Cbmbodf!c0e 2:-63
Tbmbsz 41
Dpnnjttjpo!)Opuf!4* 52
Up!Qspwjtjpo!gps!Jodpnf!Uby!)Opuf!5* 9-:4
Up!Cbmbodf!d0e :-99
2:-63 2:-63
Working Notes :
(1) Calculation of Depreciation (ŭ000) (2) Calculation of Stock Reserve (ŭ000)
Qbsujdvmbst I/P/ Csbodi Qbsujdvmbst
Cvjmejoh!)bu!dptu* 21-11 Ð Dmptjoh!Tupdl 86
Mftt!;!Efqsfdjbujpo!Sftfswf 3-11 Ð Tupdl!Sftfswf!sfre/!po!Dmptjoh!Tupdl!)206!pg!86* 26
9-11 Ð Mftt;!Tupdl!Sftfswf!po!2/5/2::6 5
)B*!Efqsfdjbujpo!A!21& 91 Ð Beejujpobm!Tupdl!Sftfswf!sfrvjsfe 22
Qmbou!boe!Nbdijofsz!)bu!dptu* 36-11 47-11 )4*!Dbmdvmbujpo!pg!Nbobhjoh!EjsfdupsÕt!Dpnnjttjpo! )111*
Mftt;!Efqsfdjbujpo!Sftfswf 7-11 34-51 Qspgju!cfgpsf!Dpnnjttjpo 2:-63
2:-11 23-71 Bee;!Qspwjtjpo!gps!Epvcugvm!Efcut 97
)C*!Efqsfdjbujpo!A!31& 4-91 3-63 Qspgju 31-49
Upubm!Efqsfdjbujpo!)B!,!C* 5-71 3-63 Dpnnjttjpo!A!3& 52!)bqspy/*
)5*!Dbmdvmbujpo!pg!Qspwjtjpo!gps!Jodpnf!Uby!! ! ! ! ! ! ! ! ! ! ! )Õ111*
Qspgju!cfgpsf!dpnnjttjpo* 2:-63
Mftt;!Nbobhjoh!EjsfdupsÔt!Sfnvofsbujpo 82
29-92
Qspwjtjpo!gps!jodpnf!ubyA58/6&!po!29-92-111!>!9-:4-111/
Key Points
Gspn!bo!bddpvoujoh!qpjou!pg!wjfx-!uif!csbodift!dbo!cf!ejwjefe!joup!uif!gpmmpxjoh!nbjo!dmbttft;
ʯ Ipnf!Csbodift
)b*!Efqfoefou!csbodift!)xifsf!uif!ifbe!pggjdf!nbjoubjot!bmm!uif!bddpvout*
)c*!Joefqfoefou!csbodift!)xifsf!uif!csbodi!lffqt!jut!pxo!bddpvout*
ʯ Gpsfjho!Csbodift
Uifz!bmnptu!jowbsjbcmz!usbef!joefqfoefoumz!boe!sfdpse!uifjs!usbotbdujpot!jo!gpsfjho!dvssfodz/
Uifsf!bsf!uisff!nbjo!nfuipet!pg!bddpvoujoh!gps!csbodi!usbotbdujpot-!wj{/
ʯ Efcupst!Tztufn
ʯ Tupdl!boe!Efcupst!Tztufn
ʯ Gjobm!Bddpvout!Tztufn
Voefs!ÔEfcupst!TztufnÔ-!b!Csbodi!Bddpvou!jt!pqfofe!gps!fbdi!csbodi!jo!uif!ifbe!pggjdf!mfehfs/!bmm!usbotbdujpot
sfmbujoh!up!uibu!csbodi!bsf!sfdpsefe!jo!uijt!bddpvou/!uif!Csbodi!Bddpvou!fyijcjut!uif!qspgju!ps!mptt!gps!bo!bddpvoujoh
qfsjpe!bt!xfmm!bt!ofu!bttfut!mbzjoh!xjui!uif!csbodi/
Tupdl!boe!Efcupst!tztufn!jt!hfofsbmmz!vtfe!xifo!uif!hppet!bsf!tfou!up!uif!csbodi!bu!bo!jowpjdf!qsjdf!boe!uif!tj{f
pg!uif!csbodi!jt!mbshf/!Voefs!uijt!tztufn-!uif!csbodi!nbjoubjot!b!gfx!dfousbm!bddpvout!up!fyfsdjtf!hsfbufs!dpouspm
pwfs!uif!csbodi!tupdl!boe!puifs!sfmbufe!fyqfotft/!Uiftf!bddpvout!vtvbmmz!bsf;!)j*!Csbodi!Tupdl!Bddpvou<!)jj*!Csbodi
Efcupst!Bddpvou<!)jjj*!Hppet!Tfou!up!Csbodi!Bddpvou<!)jw*!Csbodi!Bekvtunfou!Bddpvou<!)w*!Csbodi!Dbti!Bddpvou<
)wj*!Csbodi!Fyqfotft!Bddpvou<!)wjj*!Csbodi!Qspgju!boe!Mptt!Bddpvou<!boe!)wjjj*!Csbodi!Gjyfe!Bttfut!Bddpvou/
Tpnfujnft-!b!tfqbsbuf!Csbodi!Qspgju!boe!Mptt!Bddpvou!jt!opu!pqfofe/!Jo!uibu!tjuvbujpo-!uif!Csbodi!Bekvtunfou
Bddpvou!xjmm!tipx!ofu!qspgju0mptt!pg!uif!csbodi/!Jo!uijt!dbtf-!csbodi!fyqfotft-!qjmgfsbhf!)dptu!,!mpbejoh*-!uifgu!)dptu
,!mpbejoh*-!boe!tipsubhf!jo!tupdl!)dptu!,!mpbejoh*!bsf!dibshfe!up!Csbodi!Bekvtunfou!Bddpvou/!Tjnjmbsmz-!tvsqmvt!jo
tupdl!)dptu!,!mpbejoh*!jt!dsfejufe!up!Csbodi!Bekvtunfou!Bddpvou/
Usfbunfou!pg!Tpnf!Uzqjdbm!Jufnt
ʯ Opsnbm!mptt!;!Op!usfbunfou!jt!sfrvjsfe!fwfo!jg!ju!jt!hjwfo!tqfdjgjdbmmz!jo!uif!fybnjobujpo!qspcmfn/!Ipxfwfs-!gps
dbmdvmbujoh!Csbodi!Dmptjoh!Tupdl!)xifo!ju!jt!opu!hjwfo*!opsnbm!mptt!jt!dsfejufe!up!Csbodi!Tupdl!Bddpvou!bu!jowpjdf
qsjdf/!Opsnbm!Mptt!Bddpvou!jt!dmptfe!cz!efcjujoh!up!Csbodi!Bekvtunfou!Bddpvou/
ʯ Qjmgfsbhf0Uifgu!;!Jo!sfubjm!usbef-!qjmgfsbhf!ps!tipqmjgujoh!jt!wfsz!dpnnpo!boe!uijt!ibt!dpnf!up!cf!sfhbsefe!bt!b
opsnbm!cvtjoftt!mptt/!Uif!mpbejoh!pg!tvdi!hppet!jt!dibshfe!up!Csbodi!Bekvtunfou!Bddpvou!boe!dptu!jt!dibshfe
Key Points (contd.)

ʯ Tipsubhf!jo!tupdl!;!Tipsubhf!jo!tupdl!nbz!cf!evf!up!tqpjmbhf-!mfblbhf-!tbmft!jo!tnbmm!rvboujuz-!fud/!Mpbejoh!po
tipsubhf!jo!tupdl!tipvme!cf!dibshfe!up!Csbodi!Bekvtunfou!Bddpvou!boe!dptu!pg!tvdi!hppet!tipvme!cf!dibshfe
up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
ʯ Tvsqmvt!jo!tupdl!;!Mpbejoh!po!tvsqmvt!jo!tupdl!jt!dsfejufe!up!Csbodi!Bekvtunfou!Bddpvou!boe!dptu!pg!tvdi!hppet
jt!dsfejufe!up!Csbodi!Qspgju!boe!Mptt!Bddpvou/
ʯ Mptt!cz!gjsf0mptt.jo.usbotju!;!Mpbejoh!po!hppet!mptu!cz!gjsf0jo.usbotju!tipvme!cf!dibshfe!up!Csbodi!Bekvtunfou
Bddpvou!boe!uif!dptu!pg!tvdi!hppet!tipvme!cf!dibshfe!up!Hfofsbm!Qspgju!boe!Mptt!Bddpvou/
Xifo!uif!tj{f!pg!uif!csbodift!jt!wfsz!mbshf-!uifjs!gvodujpot!cfdpnf!dpnqmfy/!Jo!tvdi!b!tjuvbujpo-!ju!jt!eftjsbcmf!ps
qsbdujdbcmf!gps!fbdi!csbodi!up!ftubcmjti!jut!pxo!epvcmf!fousz!cppl.lffqjoh!tztufn!rvjuf!tfqbsbuf!gspn!uiptf!pg
ifbe!pggjdf/!Voefs!uijt!tztufn!pg!csbodi!bddpvoujoh-!uif!csbodift!bsf!usfbufe!bt!tfqbsbuf-!joefqfoefou!vojut/!Uiftf
uzqft!pg!csbodift!bsf!lopxo!bt!!Joefqfoefou!Csbodift/
Po!qsjodjqmf-!uif!bekvtunfou!fousz!tipvme!cf!qbttfe!jo!uif!cpplt!pg!uif!ifbe!pggjdf!cfdbvtf!bmm!jo.usbotju!jufnt!bsf
efufdufe!cz!uif!ifbe!pggjdf!bgufs!sfdfjwjoh!dpqz!pg!Usjbm!Cbmbodf!)ps!dpqz!pg!Gjobm!Bddpvout*!boe!bu!uijt!tubhf-!ju!jt
opu!eftjsbcmf!up!dibohf!uif!cbmbodft!jo!uif!csbodi!cpplt/
THEORETICAL QUESTIONS
2/ Fyqmbjo!uif!ejtujohvjtijoh!gfbuvsft!cfuxffo!csbodi!bddpvout!boe!efqbsunfoubm!bddpvout/
3/ Xibu!bsf!uif!nbjo!dmbttft!pg!csbodi!bddpvout!@
4/ Tubuf!uif!pckfdujwft!pg!lffqjoh!csbodi!bddpvout/
5/ Xibu!ep!zpv!voefstuboe!cz!uif!fyqsfttjpo!ÓCsbodi!Bekvtunfou!BddpvouÔ@!Fyqmbjo!dmfbsmz/
6/ Xibu!ep!zpv!voefstuboe!cz!bo!Ójoefqfoefou!csbodiÔ@!
Ejggfsfoujbuf!cfuxffo!b!Óefqfoefou!csbodiÔ!boe!bo!Ójoefqfoefou!csbodiÔ/!
Fyqmbjo!csjfgmz!uif!tztufn!pg!bddpvoujoh!uibu!zpv!xjmm!bepqu!jo!fbdi!dbtf/
7/ Xsjuf!b!opuf!po!tupdl!boe!efcupst!tztufn/
8/ Hjwf!Kpvsobm!Fousjft!gps!jodpsqpsbujoh!uif!csbodi!Usjbm!Cbmbodf!jo!uif!cpplt!pg!ifbe!pggjdf/
9/ Xibu!jt!b!gpsfjho!csbodi!@!Fyqmbjo!uif!nfuipet!pg!dpowfsujoh!gjhvsft!pg!Usjbm!Cbmbodf!pg!b!gpsfjho!csbodi!joup!uif
ipnf!dvssfodz!pg!ifbe!pggjdf/
OBJECTIVE QUESTIONS
Multiple Choice
Tfmfdu!uif!cftu!dipjdf!up!dpnqmfuf!fbdi!tubufnfou!ps!botxfs!fbdi!rvftujpo!cfmpx!;
2/ Tupdl!boe!efcupst!tztufn!jt!hfofsbmmz!vtfe!xifo!uif!hppet!bsf!tfou!up!uif!csbodi!bu
B! ! dptu!qsjdf
C! ! bo!jowpjdf!qsjdf
D! ! opof!pg!uiftf/
3/ Csbodi!tupdl!bddpvou!jt!b!qsbdujdbm!nfbot!pg!dpouspmmjoh!tupdl!bu
B! ! csbodi
C! ! ifbe!pggjdf
D! ! opof!pg!uiftf/
4/ Xipmftbmf!qsjdft!bsf!gjyfe!bcpwf
B! ! dptu
C! ! jowpjdf!qsjdf
D! ! opof!pg!uiftf/
5/ Hppet.jo.usbotju!bsf!tipxo!jo!uif!cbmbodf!tiffu!pg
B! ! csbodi
C! ! ifbe!pggjdf
D! ! opof!pg!uiftf/
6/ Vq!up!uif!usjbm!cbmbodf-!uif!bddpvoujoh!bssbohfnfout!gps!b!gpsfjho!csbodi!bsf!fybdumz!uif!tbnf!bt!gps!boz
B! ! efqfoefou!csbodi
C! ! joefqfoefou!csbodi<!
D! ! opof!pg!uiftf/
PRACTICAL QUESTIONS
Debtors System [Cost Price]
2/ Q!Mue/!jowpjdjoh!hppet!up!jut!csbodi!bu!dptu/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf!Csbodi!Bddpvou!gps!uif!zfbs
foefe!42tu!Nbsdi-!3129!jo!uif!cpplt!pg!uif!dpnqboz!;
! ! !
Csbodi!Tupdl!po!2tu!Bqsjm-!3128 41-111
Csbodi!Tupdl!po!42tu!Nbsdi-!3129 47-111
Csbodi!Efcupst!po!2tu!Bqsjm-!3128 33-111
Csbodi!Efcupst!po!42tu!Nbsdi-!3129 41-911
Dptu!pg!hppet!tfou!up!csbodi!evsjoh!uif!zfbs 2-91-111
Tbmft!bu!csbodi!;
! ! ! ! ! Dbti :1-111! ! ! ! ! ! ! ! ! ! ! !
! ! ! ! ! Dsfeju 2-51-911! ! ! ! ! 3-41-911
Dbti!sfdfjwfe!gspn!csbodi!efcupst!evsjoh!uif!zfbs 2-3:-111
Csbodi!fyqfotft!qbje!cz!ifbe!pggjdf!;
! ! ! ! ! Tbmbsjft 2-311! ! ! ! ! ! ! ! ! ! ! !
! ! ! ! ! Sfou 911! ! ! !! ! ! ! ! ! ! !
! ! ! ! ! Qfuuz!fyqfotft 211! ! ! ! ! ! ! 3-211
Cbe!Efcu!xsjuufo.pgg 2-111
Ejtdpvou!bmmpxfe!up!csbodi!efcupst 3-111
3/ Gspn!uif!gpmmpxjoh!qbsujdvmbst-!efufsnjof!qspgjut!ps!mpttft!pg!uif!csbodi!;
! ! !
Pqfojoh!tupdl!bu!uif!csbodi 41-111
Hppet!tfou!up!uif!csbodi :1-111
Tbmft!)Dbti* 2-31-111
Tbmbsjft 21-111
Puifs!fyqfotft 5-111
Dmptjoh!tupdl!dpvme!opu!cf!btdfsubjofe-!cvu!ju!jt!lopxo!uibu!uif!csbodi!vtvbmmz!tfmmt!bu!dptu!qmvt!31&/!Uif!Csbodi
Nbobhfs!jt!foujumfe!up!b!dpnnjttjpo!pg!6&!po!ofu!qspgju!cfgpsf!dibshjoh!tvdi!dpnnjttjpo/
4/ Gspn!uif!gpmmpxjoh!efubjmt-!dbmdvmbuf!CsbodiÔt!Qspgju!ps!Mpttft!;
Pqfojoh!!Tupdl!!bu!!uif!!csbodi!Ð!!31-111<!!Hppet!!tfou!!up!csbodi!Ð!!2-73-111<!Tbmft!Ð!!3-11-111<!Tbmbsjft!Ð
!31-111<!Fyqfotft!Ð!!21-111/
Dmptjoh!Tupdl!dpvme!opu!cf!btdfsubjofe-!cvu!ju!jt!lopxo!uibu!uif!csbodi!vtvbmmz!tfmmt!bu!dptu!qmvt!36&/!Uif!Csbodi
nbobhfs!jt!foujumfe!up!b!dpnnjttjpo!pg!5&!po!ofu!qspgju!bgufs!dibshjoh!tvdi!dpnnjttjpo/
5/ Tifuuz!Tpmwfout!Dp/!Cbohbmpsf!pqfofe!b!csbodi!bu!Izefsbcbe!po!Kbovbsz!2-!3128/!Uif!gpmmpxjoh!jogpsnbujpo!jt
bwbjmbcmf!jo!sftqfdu!pg!uif!csbodi!gps!uif!zfbs!3128;
Hppet!tfou!up!uif!csbodi 86-111 Dbti!sfnjuubodf!up!csbodi!upxbset!qfuuz!dbti 7-111
Dbti!tbmft!bu!uif!csbodi 61-111 Qfuuz!dbti!bu!csbodi!po!42/23/3128 611
Dsfeju!tbmft!bu!uif!csbodi 71-111 Efcupst!pg!csbodi!bt!po!42/23/3128 6-111
Tbmbsjft!pg!uif!csbodi!tubgg!qbje!cz!uif!I/P/ 26-111 Tupdl!bu!uif!csbodi!po!42/23/3128 38-111
Pggjdf!fyqfotft!pg!uif!csbodi!qbje!cz!uif!I/P/ 23-111
Qsfqbsf!Csbodi!Bddpvou!up!tipx!uif!qspgju0mptt!gspn!uif!csbodi!gps!uif!zfbs!3128/
6/ Y!pqfsbuft!b!csbodi!bu!Efmij/!Bmm!qvsdibtft!bsf!nbef!cz!uif!Ifbe!Pggjdf!bu!Nbesbt<!hppet!cfjoh!dibshfe!pvu!up!uif
csbodi!bu!dptu!qsjdf/!Bmm!dbti!sfdfjwfe!cz!uif!csbodi!jt!sfnjuufe!up!Nbesbt!Csbodi/!Qfuuz!fyqfotft!bsf!qbje!pvu!pg!bo
jnqsftu!xijdi!jt!sfjncvstfe!cz!uif!Ifbe!Pggjdf!gspn!ujnf!up!ujnf/!
Gspn!uif!gpmmpxjoh!qbsujdvmbst!sfmbujoh!up!Efmij!csbodi-!zpv!bsf!sfrvjsfe!up!qsfqbsf!Csbodi!Bddpvou!)gps!dbmdvmbujoh
qspgju*!jo!uif!cpplt!pg!uif!Ifbe!Pggjdf/
Cbmbodft!po!2/2/3128; Qfuuz!fyqfotft!qbje!cz!csbodi!pvu!pg!jnqsftu 811
Tupdl!;!!9-111<!Qfuuz!dbti!;!!911<!Qmbou!;!!21-111 Dbti!tbmft!evsjoh!uif!zfbs 81-111
Cbmbodft!po!42/23/3128; Tbmf!pg!qmbou!po!2/8/3128 911
! ! Tupdl! 8-111 )Cppl!wbmvf!po!uif!ebuf!pg!tbmf!!:11*
! ! Hppet!tfou!up!csbodi 61-111 Fyqfotft!qbje!cz!Ifbe!Pggjdf 6-111
Ju!jt!sfrvjsfe!up!xsjuf.pgg!Qmbou!A!31&!q/b/
7/ Uif!gpmmpxjoh!jogpsnbujpo!boe!qbsujdvmbst!sfmbuf!up!Ofx!Efmij!csbodi!gps!uif!zfbs!3128.29;
42/4/3128!;!Tupdl!!61-111<!Efcupst!!81-111<!Qfuuz!dbti!!361/
42/4/3129!;!Tupdl!!86-111<!Efcupst!!:6-111<!Qfuuz!dbti!!231/
Hppet!dptujoh!!6-61-111!xbt!tpme!cz!uif!csbodi!A!36&!po!dptu/!Dbti!tbmft!bnpvoufe!up!!2-61-111!boe!uif!sftu
dsfeju!tbmft/
Csbodi!sfdfjwft!bmm!hppet!gspn!Ifbe!Pggjdf/!Csbodi!tqfou!!41-111!gps!tbmbsjft-!!23-111!gps!sfou!boe!!9-111!gps
qfuuz!fyqfotft!)bmm!fyqfotft!sfnjuufe!cz!Ifbe!Pggjdf*/
Zpv!bsf!sfrvjsfe!up!qsfqbsf!Ofx!Efmij!Csbodi!Bddpvou!jo!uif!cpplt!pg!uif!Ifbe!Pggjdf!gps!uif!zfbs!3128.29/
8/ Gspn!uif!gpmmpxjoh!qbsujdvmbst!sfmbujoh!up!uif!Lbozb.Lvnbsj!csbodi!gps!uif!zfbs!foefe!42tu!Efdfncfs-!3128-!qsfqbsf
Csbodi!Bddpvou!jo!uif!cpplt!pg!Ifbe!Pggjdf;
Hppet!tfou!up!csbodi 39-511 Qfuuz!dbti!bu!csbodi!po!2tu!Kbovbsz!3128 611
Dbti!tbmft 29-911 Qfuuz!dbti!bu!csbodi!po!42tu!Efdfncfs!3128 411
Dsfeju!tbmft 52-311 Hppet!sfuvsofe!cz!uif!csbodi 2-111
Dbti!sfdfjwfe!gspn!Efcupst 49-111 Pqfojoh!tupdl!bu!csbodi :-711
Dbti!tfou!up!csbodi!gps!fyqfotft; Efcupst!po!42tu!Efdfncfs!3128 :-111
! ! Sfou 3-111 Ejtdpvou!bmmpxfe!up!Efcupst 2-111
! ! Tbmbsjft 9-111 Cbe!efcut!xsjuufo.pgg!cz!uif!csbodi 3-111
! ! Qfuuz!dbti 3-111 Tupdl!bu!csbodi!po!42tu!Efdfncfs!3128 21-611
9/ Uif!Sbkboj!Tupsft!Mue!bu!Nbesbt!ibt!b!csbodi!bu!Usjdiz/!Hppet!bsf!jowpjdfe!up!uif!csbodi!bu!tfmmjoh!qsjdf!cfjoh!dptu
qmvt!36&/!Uif!csbodi!lffqt!jut!pxo!tbmft!mfehfs!boe!efqptjut!bmm!dbti!sfdfjwfe!ebjmz!up!uif!dsfeju!pg!Ifbe!Pggjdf
Bddpvou!pqfofe!bu!uif!Tubuf!Cbol!pg!Joejb-!Usjdiz/!Bmm!uif!fyqfotft!bsf!qbje!cz!difrvf!gspn!Nbesbt/!Gspn!uif
gpmmpxjoh!efubjmt-!qsfqbsf!b!Csbodi!Bddpvou!jo!uif!Ifbe!Pggjdf!cpplt!boe!nblf!uif!ofdfttbsz!bekvtunfout!uifsfjo
up!bssjwf!bu!uif!bduvbm!csbodi!qspgju!ps!mptt!evsjoh!uif!zfbs!3128
Qbsujdvmbst
Tupdl!po!2tu!Kbovbsz-!3128 8-611
Tupdl!po!42tu!Efdfncfs-!3128 :-111
Tvoesz!Efcupst!po!2tu!Kbovbsz-!3128 5-311
Tvoesz!Efcupst!po!42tu!Efdfncfs-!3128 6-511
Hppet!jowpjdfe!gspn!Ifbe!Pggjdf 65-711
Sfou-!sbuft!boe!ubyft 3-511
Tvoesz!Fyqfotft 591
Dbti!Tbmft!gps!uif!zfbs 43-511
Dsfeju!Tbmft 32-111
Xbhft!qbje 3-151
Xbhft!pxjoh 311
Debtors System [Invoice Price]

:/ Kbjdp!Mue/!jowpjdft!hppet!up!jut!Lboqvs!csbodi!bu!dptu!qmvt!36&!uifsfpo-!cpui!dbti!boe!dsfeju!tbmft!bsf!fggfdufe!cz
uif!csbodi/!Uif!csbodi!fyqfotft!bsf!qbje!ejsfdu!gspn!uif!Ifbe!Pggjdf/!Uif!efubjmt!pg!usbotbdujpot!bwbjmbcmf!gps!uif
zfbs!foefe!42/4/3128!bsf;
Hppet!sfdfjwfe!gspn!Ifbe!Pggjdf!bu!jowpjdf!qsjdf 51-111 Ejtdpvout!bmmpxfe!up!dvtupnfst 411
Sfuvsot!up!Ifbe!Pggjdf!bu!jowpjdf!qsjdf 911 Cbe!efcut 611
Tupdl!bu!Lboqvs!po!2/5/3127!bu!jowpjdf!qsjdf 9-111 Sfuvsot!gspn!dvtupnfst 811
Dsfeju!tbmft!gps!uif!zfbs 41-111 Sfou!boe!sbuft 71
Dbti!tbmft!gps!uif!zfbs 29-811 Xbhft!boe!tbmbsjft 2-311
Efcupst!bt!po!2/5/3127 6-311 Tvoesz!fyqfotft 411
Efcupst!bt!po!42/4/3128 5-311 Tupdl!po!42/4/3128!bu!jowpjdf!qsjdf 7-111
Sfdpse!uif!bcpwf!usbotbdujpot!jo!uif!Ifbe!Pggjdf!mfehfs!boe!dmptf!uif!bddpvout!bt!po!42/4/3128!boe!tipx!ipx!uif
sfmfwbou!jufnt!xjmm!bqqfbs!jo!uif!Ifbe!PggjdfÔt!Cbmbodf!Tiffu!po!uibu!ebuf/
21/ Y!pg!Dbmdvuub!tubsufe!po!2/5/3128-!uxp!csbodift!bu!Nbesbt!boe!Obhqvs/!Bmm!hppet!tpme!bu!uif!csbodift!bsf!sfdfjwfe
gspn!uif!Ifbe!Pggjdf!jowpjdfe!bu!236&!pg!dptu/!Bmm!fyqfotft!sfmbujoh!up!uif!csbodi!bsf!qbje!cz!uif!Ifbe!Pggjdf/!Fbdi
csbodi!ibt!jut!pxo!Tbmft!Mfehfs!boe!tfoet!xfflmz!tubufnfout/!Bmm!dbti!dpmmfdujpot!bsf!sfnjuufe!ebjmz!up!uif!Ifbe
Pggjdf!cz!uif!csbodift/!Uif!gpmmpxjoh!qbsujdvmbst!sfmbujoh!up!uif!ibmg.zfbs!foefe!41/:/3128!ibwf!cffo!fyusbdufe!gspn
uif!xfflmz!tubufnfout!tfou!cz!uif!csbodift;!)bmm!gjhvsft!jo!*
Qbsujdvmbst Nbesbt Obhqvs Qbsujdvmbst Nbesbt Obhqvs

Dsfeju!tbmft 2-36-311 2-21-111 Tbmbsjft 27-111 29-111
Dbti!tbmft 89-711 96-311 Hfofsbm!fyqfotft 3-711 2-611
Tbmft!sfuvsot 3-411 2-311 Hppet!sfdfjwfe!gspn!I/P/ 2-61-111 2-36-111
Tvoesz!efcupst 45-611 34-711 Bewfsujtfnfou 8-611 6-311
Sfou!boe!sbuft 4-311 5-611 Tupdl!po!41/:/3128 56-111 46-111
Cbe!efcut 7-111 Ð
Zpv!bsf!sfrvjsfe!up!qsfqbsf!uif!Csbodi!Bddpvou!bt!uifz!xpvme!bqqfbs!jo!uif!cpplt!pg!uif!Ifbe!Pggjdf-!tipxjoh!uif
qspgju!ps!mptt!gps!uif!qfsjpe/
22/ Y!pqfofe!b!csbodi!bu!Dbmdvuub!po!2/8/3128/!Hppet!bsf!tfou!gspn!uif!Ifbe!Pggjdf!bu!dptu!qmvt!44204&/!Uif!csbodi!jt
bewjdfe!up!efqptju!dbti!fwfszebz!jo!uif!cbol!jo!uif!Ifbe!Pggjdf/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf!Csbodi
Bddpvou!jo!uif!cpplt!pg!Ifbe!Pggjdf!gps!uif!qfsjpe!foejoh!42/23/3128/!Qfuuz!dbti!bu!csbodi!jt!nbjoubjofe!po!jnqsftu
tztufn/
Dbti!tfou!up!csbodi!gps!fyqfotft 611 Sfdfjwfe!gspn!Efcupst 27-111
Gvsojuvsf!qvsdibtfe!gps!uif!csbodi 21-111 Ejtdpvou!bmmpxfe 411
Hppet!tfou!up!csbodi!bu!jowpjdf!qsjdf 2-11-111 Cbe!efcut 211
Fyqfotft!qbje!cz!uif!Ifbe!Pggjdf; Sfuvsofe!cz!Efcupst!)jowpjdf!qsjdf* 911
Sfou!;!!2-111<!Tbmbsjft!;!!3-111<!Fyqfotft! Qfuuz!fyqfotft!qbje!cz!csbodi 711
!2-111<!Jotvsbodf!;!!711!)vq!up!41/7/3129* 5-711 Tupdl!bu!dptu!po!42/23/3128 29-111
Dbti!tbmft!cz!csbodi 81-111 )fydmvejoh!tupdl!sfdfjwfe!gspn!Efcupst*
Dsfeju!tbmft!cz!csbodi 36-111 Efqsfdjbujpo!po!gvsojuvsf!A!21&!q/b/
Stock and Debtors System

23/ Lpmlbub!ifbe!pggjdf!tfoe!hppet!up!jut!csbodi!bu!Nvncbj!bu!dptu!qmvt!31&/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf!)j*
Csbodi!Tupdl!Bddpvou!boe!)jj*!Csbodi!Tupdl!Bekvtunfou!Bddpvou!jo!uif!cpplt!pg!ifbe!pggjdf!;! ! ! ! ! ! ! ! ! ! ! ! !
Pqfojoh!tupdl!bu!csbodi :-711
Pqfojoh!csbodi!Efcupst 4-11-111
Dmptjoh!csbodi!tupdl 27-911
Hppet!tfou!up!csbodi!)jowpjdf!qsjdf* 3-9:-911
Upubm!Tbmft 3-69-111
Dbti!Tbmft 2-49-111
Dbti!sfdfjwfe!gspn!csbodi!Efcupst! 2-21-111/
24/ Bejop!Mue/!ibt!b!csbodi!bu!Efmij/!Hppet!bsf!jowpjdfe!up!uif!csbodi!bu!dptu!qmvt!36&/!Csbodi!sfnjut!bmm!dbti!sfdfjwfe
up!uif!ifbe!pggjdf!boe!bmm!fyqfotft!bsf!qbje!cz!uif!ifbe!pggjdf/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf!Csbodi!Tupdl
Bddpvou-!Csbodi!Efcupst!Bddpvou!boe!Csbodi!Qspgju!boe!Mptt!Bddpvou!jo!uif!cpplt!pg!ifbe!pggjdf!;! ! ! ! ! ! ! ! !
Tupdl!bu!csbodi!po!2/2/3128!)Dptu!qsjdf* 75-111
Tupdl!bu!csbodi!po!42/23/3128!)Dptu!qsjdf* 91-111
hppet!tfou!up!csbodi!evsjoh!uif!zfbs!)jowpjdf!qsjdf* 3-11-111
Csbodi!Efcupst!po!2/2/3128 51-111
Dbti!sfdfjwfe!gspn!Efcupst 2-11-111
Dbti!Tbmft 61-111
Ejtdpvou!bmmpxfe!up!Efcupst 5-911
Cbe!Efcut!xsjuufo!pgg 4-311
Hppet!sfuvsofe!cz!csbodi!)jowpjdf!qsjdf* 6-111
Csbodi!fyqfotft 27-111
25/ Ebsl!Mue/!xjui!jut!ifbe!pggjdf!bu!Efmij!jowpjdfe!hppet!up!jut!csbodi!bu!Kbjqvs!bu!dptu!qmvt!44204&/!Gspn!uif!gpmmpxjoh
jogpsnbujpo-!qsfqbsf!Csbodi!Tupdl!Bddpvou!boe!Csbodi!Tupdl!Bekvtunfou!Bddpvou!jo!uif!cpplt!pg!uif!ifbe!pggjdf!;
! ! !
Tupdl!bu!csbodi!bu!jowpjdf!qsjdf!po!2/5/3128 2-81-111
Tupdl!bu!csbodi!bu!jowpjdf!qsjdf!po!42/4/3129 81-111
Hppet!sfdfjwfe!cz!csbodi!evsjoh!uif!zfbs!bu!dptu!qsjdf 9-36-111
Hppet!jo.usbotju!bu!jowpjdf!qsjdf!po!42/4/3129 2-11-111
Hppet!sfuvsofe!cz!csbodi!up!ifbe!pggjdf!bu!jowpjdf!qsjdf 51-111
Dbti!tbmft!bu!csbodi 21-11-111
Dsfeju!tbmft 2-11-111
Jowpjdf!qsjdf!pg!hppet!qjmgfsfe 21-111
Tupdl!mptu!evf!up!xbtubhf 31-111
26/ Nbhnb!Mue/!ibt!jut!ifbe!pggjdf!jo!Lpmlbub!xjui!b!csbodi!jo!Nvncbj/!Hppet!bsf!jowpjdfe!up!uif!csbodi!bu!dptu!qmvt
36&-!xijdi!jt!uif!tfmmjoh!qsjdf/!Gspn!uif!gpmmpxjoh!qbsujdvmbst!gps!uif!zfbs!foefe!42tu!Nbsdi-!3129-!qsfqbsf!Csbodi
Tupdl!Bddpvou-!Csbodi!Efcupst!Bddpvou!boe!Csbodi!Tupdl!Bekvtunfou!Bddpvou!bt!uifz!xpvme!bqqfbs!jo!uif!cpplt
pg!uif!Ifbe!Pggjdf!;
! ! ! ! !
Tupdl!bu!Csbodi!)2/5/3128* 41-111
Hppet!Tfou!up!Csbodi!)Jowpjdf!Qsjdf* 6-11-111
Csbodi!Efcupst!Cbmbodf!)2/5/3128* 31-111
Dbti!Tbmft 2-:1-111
Sfuvso!gspn!Efcupst 6-111
Csbodi!Fyqfotft!Qbje 63/111
Ejtdpvou!Bmmpxfe 2-111
Cbe!Efcut 3-111
Dpmmfdujpo!gspn!Efcupst 3-71-111
Difrvft!sfdfjwfe!gspn!Efcupst!sfuvsofe!ejtipopvsfe 6-111
Tupdl!bu!Csbodi!)42/14/3129* 65-111
Csbodi!Efcupst!Cbmbodf!)42/14/3129* 47-611
27/ Tbxbo!'!Dp/!pg!Nvncbj!ibt!b!csbodi!bu!Tjmjhvsj/!Hppet!bsf!jowpjdfe!up!uif!csbodi!bu!dptu!qmvt!36&/!Uif!csbodi!jt
jotusvdufe!up!efqptju!bmm!dbti!dpmmfdujpot!fwfszebz!jo!uif!I/P/!Bddpvou!xjui!uif!cbol/!Bmm!uif!fyqfotft!bsf!qbje!uispvhi
difrvft!cz!uif!ifbe!pggjdf!fydfqu!qfuuz!dbti!fyqfotft!xijdi!bsf!qbje!cz!uif!csbodi/!Gspn!uif!gpmmpxjoh!jogpsnbujpo-
qsfqbsf!Tjmjhvsj!Csbodi!Bddpvou!jo!uif!cpplt!pg!uif!ifbe!pggjdf!;
)*! !
Tupdl!po!2/5/3128!)jowpjdf!qsjdf* 93-111
Tupdl!po!42/4/3129!)jowpjdf!qsjdf* :7-111
Tvoesz!Efcupst!po!2/5/3128 42-811
Tvoesz!Efcupst!po!42/4/3129 53-261
Gvsojuvsf!boe!Gjyuvsft!bt!po!2/5/3128 34-511
Dbti!Tbmft 5-12-411
Dsfeju!Tbmft 4-83-211
Hppet!tfou!up!Csbodi!cz!Ifbe!Pggjdf!)jowpjdf!qsjdf* 7-39-111
Fyqfotft!qbje!cz!Ifbe!Pggjdf 2-43-111
Qfuuz!Fyqfotft!qbje!cz!Csbodi 21-561
Gvsojuvsf!brvjsfe!cz!uif!Csbodi!po!2/21/3128!)po!qfsnjttjpo!gspn!ifbe!pggjdf* 3-611
Efqsfdjbujpo!jt!up!cf!qspwjefe!po!Gvsojuvsf!boe!Gjyuvsft!A!21&!q/b/!po!XEW!cbtjt/
28/ Tvo!Mue/!ibt!b!ifbe!pggjdf!jo!Lpmlbub!boe!bmtp!b!csbodi!bu!Ofx!Efmij/!Hppet!bsf!jowpjdfe!up!uif!csbodi!bu!dptu!qmvt
44204&!xijdi!jt!uif!tfmmjoh!qsjdf/!Gspn!uif!gpmmpxjoh!jogpsnbujpo!jo!sftqfdu!pg!uif!csbodi!gps!uif!zfbs!foefe!42tu
Efdfncfs-!3128-!qsfqbsf!b!Csbodi!Tupdl!Bddpvou-!Csbodi!Efcupst!Bddpvou!boe!Csbodi!Bekvtunfou!Bddpvou!;
)*! !
Tupdl!bu!csbodi!po!2/2/3128!)jowpjdf!qsjdf* 31-111
Hppet!tfou!up!csbodi!)dptu!qsjdf* 4-71-111
Hppet!sfdfjwfe!cz!csbodi!)jowpjdf!qsjdf* 5-81-111
Dbti!Tbmft 2-91-111
Sfuvso!gspn!Efcupst 21-111
Ejtdpvou!bmmpxfe 2-611
3/:1!!!Csbodi!Bddpvoujoh
Cbe!Efcu 2-111
Dpmmfdujpo!gspn!Efcupst 3-86-111
Difrvft!sfdfjwfe!gspn!Efcupst!cvu!ejtipopvsfe 21-111
Csbodi!fyqfotft 5:-111
Tupdl!bu!csbodi!po!42/23/3128 59-111
29/ B!Dbmdvuub!Ifbe!Pggjdf!ibt!b!csbodi!bu!Obhqvs/!Hppet!bsf!jowpjdfe!cz!uif!ifbe!pggjdf!up!uif!csbodi!bu!dptu!qmvt!36&/
Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf!uif!)2*!Csbodi!Tupdl!Bddpvou-!)3*!Hppet!Tfou!up!Csbodi!Bddpvou-!)4*!Csbodi
Tupdl!Bekvtunfou!Bddpvou-!)5*!Csbodi!Efcupst!Bddpvou-!boe!)6*!Csbodi!Qspgju!boe!Mptt!Bddpvou;
Qbsujdvmbst
Tupdl!po!2tu!Kbovbsz-!3128!)jowpjdf!qsjdf* 41-111
Hppet!jowpjdfe!up!csbodi!evsjoh!uif!zfbs!)jowpjdf!qsjdf* 2-49-111
Csbodi!efcupst!po!2tu!Kbovbsz-!3128 35-111
Hppet!sfuvsofe!cz!csbodi!)jowpjdf!qsjdf* 3-111
Csbodi!Tbmft!;! ! ! ! Dbti 75-111
! ! ! ! ! ! ! ! ! ! Dsfeju 83-911 2-47-911
Cbe!efcut!xsjuufo!pgg 811
Ejtdpvout!bmmpxfe!up!Efcupst 611
Csbodi!Fyqfotft 25-611
2:/ Nfttst/!Fbtufso!Usbefst-!Efmij!ibwf!pqfofe!b!csbodi!bu!Kbjqvs!po!2/8/3128/!Uif!hppet!xfsf!tfou!cz!uif!Ifbe!Pggjdf
up!uif!csbodi!boe!jowpjdfe!bu!tfmmjoh!qsjdf!xijdi!xbt!236&-!pg!uif!dptu!qsjdf!pg!uif!Ifbe!Pggjdf/
Uif!gpmmpxjoh!bsf!uif!qbsujdvmbst!sfmbujoh!up!uif!usbotbdujpot!pg!Kbjqvs!csbodi;
Hppet!tfou!up!csbodi!)bu!dptu!up!Ifbe!Pggjdf* 3-91-911 Dbti!tfou!up!csbodi!gps;
Tbmft;!! Dbti 2-36-111 Xbhft 4-111
! ! ! ! Dsfeju 2-86-111 Gsfjhiu 22-111
Dbti!dpmmfdufe!gspn!Efcupst 2-67-111 Puifs!fyqfotft!jodmvejoh!hpepxo!sfou 7-111
Ejtdpvou!bmmpxfe 5-111 Tqpjmfe!dmpui!jo!cbmft!xsjuufo.pgg!bu!jowpjdf!qsjdf 611
Tupdl!po!Kvof!41-!3129!bu!jowpjdf!qsjdf 66-611
Qsfqbsf!Csbodi!Efcupst-!Csbodi!Tupdl-!Csbodi!Bekvtunfou!boe!Csbodi!Qspgju!boe!Mptt!Bddpvout!jo!Ifbe!Pggjdf
cpplt/
31/ C!Mue/!pqfofe!b!csbodi!jo!Izefsbcbe!jo!mbuf!3127-!boe!gpsxbsefe!hppet!gps!sftbmf!gspn!uif!Ifbe!Pggjdf!bu!Dbmdvuub-
jowpjdfe!uifn!bu!tfmmjoh!qsjdf<!uif!nbsl.vq!xbt!204!pg!tfmmjoh!qsjdf/
Uif!Ifbe!Pggjdf!nbjoubjofe!b!Csbodi!Tupdl!Bddpvou-!Hppet!Tfou!up!Csbodi!Bddpvou-!Csbodi!Efcupst!Bddpvou!boe
uif!Csbodi!Bekvtunfou!Bddpvou/!Uiftf!xfsf!xsjuufo.vq!gspn!xfflmz!csbodi!sfuvsot!pg!dbti!tbmft-!dsfeju!tbmft-!dbti
sfdfjwfe!gspn!efcupst!boe!puifs!dsfejut!bmmpxfe!up!efcupst/
Evsjoh!uif!zfbs!up!42tu!Efdfncfs-!3128-!uif!gpmmpxjoh!usbotbdujpot!uppl!qmbdf!bu!Izefsbcbe;
Hppet!sfdfjwfe!gspn!Dbmdvuub 2-91-111 Dbti!ejtdpvou!hjwfo 2-919
Hppet!sfuvsofe!up!Dbmdvuub 2-791 Dbti!tbmft 2-11-911
Cbe!efcut 6:7 Dsfeju!tbmft 83-111
Dbti!sfdfjwfe!gspn!Efcupst 79-735
Uif!gpmmpxjoh!beejujpobm!jogpsnbujpo!jt!bmtp!bwbjmbcmf!jo!sftqfdu!pg!uif!csbodi;
Tupdl!po!iboe!bu!tfmmjoh!qsjdf!;!2/2/3128!;!!27-191<!42/23/3128!;!!32-111!boe!Efcupst!;!2/2/3128!;!!7-719<!boe
42/23/3128!;!!8-691/!
Zpv!bsf!sfrvjsfe;!
)b*!up!qsftfou!uif!Mfehfs!Bddpvout!jo!uif!Ifbe!Pggjdf!sfdpsejoh!uif!bcpwf!usbotbdujpot<!boe!
)c*!up!dpnqvuf!uif!hsptt!qspgju!pg!uif!csbodi!gps!uif!qfsjpe/
32/ Hvmtibo!Tupsft!Mue!xjui!jut!ifbe!pggjdf!jo!Dbmdvuub!jowpjdfe!hppet!up!jut!csbodi!bu!Qbuob!bu!31&!mftt!uibo!uif!mjtu!qsjdf
xijdi!jt!dptu!qmvt!211&!xjui!jotusvdujpot!uibu!dbti!tbmft!xfsf!up!cf!nbef!bu!uif!jowpjdf!qsjdf!boe!dsfeju!tbmft!bu!uif
dbubmphvf!qsjdf!)j/f/-!mjtu!qsjdf*/
Gspn! uif! gpmmpxjoh! qbsujdvmbst! bwbjmbcmf! gspn! uif! csbodi-! qsfqbsf! Csbodi! Tupdl! Bddpvou-! Csbodi! Bekvtunfou
Bddpvou-!Csbodi!Qspgju!boe!Mptt!Bddpvou!boe!Csbodi!Efcupst!Bddpvou!gps!uif!zfbs!foejoh!42/23/3129/
Npefso!Bddpvoubodz!.!JJ!!!3/:2
Qbsujdvmbst
Efcupst!po!2/2/3129 6-111
Hppet!sfdfjwfe!gspn!ifbe!pggjdf!)jowpjdf!qsjdf* 77-111
Tbmft!;!Dbti 34-111
! ! ! ! ! ! Dsfeju 61-111 84-111
Dbti!gspn!efcupst 53-928
Fyqfotft!bu!csbodi 9-794
Sfnjuubodf!up!ifbe!pggjdf 71-111
Efcupst!po!42/23/3129 23-294
33/ Tvooz!Usbefst!pg!Nvncbj!pqfofe!b!csbodi!tipq!po!2/2/3129!jo!Lpmlbub/!Bmm!hppet!gps!tbmf!bu!uif!tipq!bsf!qvsdibtfe
cz!uif!ifbe!pggjdf!boe!dibshfe!up!uif!csbodi!bu!sfubjm!tfmmjoh!qsjdf-!xijdi!jt!dptu!qmvt!44204&/!Uif!csbodi!cbdlt!jut
ubljoht-!xjuipvu!efevdujpo-!gps!uif!dsfeju!pg!ifbe!pggjdf/!Bmuipvhi!ju!jt!b!dbti!cvtjoftt-!uif!csbodi!nbobhfs!jt!bmmpxfe
up!hjwf!dsfeju!jo!b!gfx!tqfdjbm!dbtft/
Uif!gpmmpxjoh!jogpsnbujpo!jt!sfmfwbou!gps!uif!gjstu!uisff!npouit!up!42!Nbsdi!;
Qbsujdvmbst
Qvsdibtft 38-241
Tbmft!bu!ifbe!pggjdf :-211
Hppet!tfou!cz!ifbe!pggjdf!up!uif!csbodi!bu!tfmmjoh!qsjdf 39-111
Dbti!tbmft!bu!csbodi 29-111
Dsfeju!tbmft!cz!csbodi 3-111
Hppet!sfuvsofe!up!ifbe!pggjdf!bu!tfmmjoh!qsjdf 2-111
Dbti!dpmmfdufe!gspn!csbodi!efcupst 2-841
Csbodi!fyqfotft 2-111
Ifbe!pggjdf!fyqfotft 2-311
Dmptjoh!tupdl!bu!ifbe!pggjdf 3-761
Pqfojoh!tupdl!bu!ifbe!pggjdf 3-:11
Bvuipsjtfe!sfevdujpo!jo!csbodi!tfmmjoh!qsjdft 931
Gspn!uif!bcpwf!qbsujdvmbst-!qsfqbsf!;!
)j*!Csbodi!Tupdl!Bddpvou<!)jj*!Csbodi!Bekvtunfou!Bddpvou<!)jjj*!Csbodi!Qspgju!boe!Mptt!Bddpvou<!boe!
)jw*!Hppet!Tfou!up!Csbodi!Bddpvou/
34/ Y!Mue/!ibt!jut!Ifbe!Pggjdf!bu!Cpncbz!xjui!csbodift!bu!Dbmdvuub!boe!Nbesbt/!Uif!Ifbe!Pggjdf!bmpof!nblft!qvsdibtft
boe!hppet!tfou!up!uif!csbodift!bsf!jowpjdfe!bu!dptu!qmvt!36&/!Tbmft!bsf!nbef!pomz!bu!uif!csbodift-!xijdi!sfnju!bmm
dbti!sfdfjwfe!up!Cpncbz/!Gspn!uif!gpmmpxjoh!qbsujdvmbst!gps!uif!zfbs!foefe!41/:/3128-!qsfqbsf!uif!Csbodi!Tupdl
Bddpvou-!Csbodi!Bekvtunfou!Bddpvou!boe!Hppet!Tfou!up!Csbodi!Bddpvou!gps!uif!zfbs-!bt!uifz!xpvme!bqqfbs!jo!uif
Cpncbz!cpplt;!)bmm!gjhvsft!jo!*
Qbsujdvmbst Dbmdvuub Nbesbt Qbsujdvmbst Dbmdvuub Nbesbt
Hppet!tfou!)jowpjdf!qsjdf* 41-111 36-611 Dsfeju!tbmft 24-111 :-361
Sfuvsot!up!I/P/!)jowpjdf!qsjdf* 611 536 Tupdl!po!2/21/3127!)jowpjdf!qsjdf* 6-611 8-611
Dbti!tbmft 29-611 28-236 Tupdl!po!41/:/3128!)jowpjdf!qsjdf* 5-986 7-861
35/ Uif!Q/U/!Dp/!Mue/!jowpjdft!hppet!up!jut!Lboqvs!csbodi!bu!dptu!qmvt!36&/!Cpui!dbti!boe!dsfeju!tbmft!bsf!fggfdufe!cz
uif!csbodi!bu!uiftf!qsjdft/!Csbodi!fyqfotft!bsf!qbje!ejsfdu!gspn!uif!Ifbe!Pggjdf-!bmm!dbti!sfdfjwfe!cz!uif!csbodi!cfjoh
sfnjuufe!up!Ifbe!Pggjdf/!
Uif!gpmmpxjoh!bsf!uif!efubjmt!pg!uif!usbotbdujpot!gps!uif!zfbs!foefe!42/23/3128;
Hppet!sfdfjwfe!gspn!I/P/!bu!jowpjdf!qsjdf 3-11-111 Ejtdpvout!bmmpxfe!up!dvtupnfst 2-711
Sfuvsot!up!I/P/!bu!jowpjdf!qsjdf 6-111 Cbe!efcut!xsjuufo.pgg 4-111
Tupdl!bu!csbodi!bt!po!2/2/3128 61-111 Sfuvsot!gspn!dvtupnfst 3-111
Dsfeju!tbmft 2-21-111 Sfou-!sbuft!boe!ubyft 3-511
Dbti!tbmft 2-19-111 Tbmbsjft!boe!xbhft 9-111
Efcupst!bt!po!2/2/3128 49-111 Tvoesz!fyqfotft 2-311
Dbti!sfdfjwfe!gspn!Efcupst 2-27-111
Qsfqbsf!;
)j*!Csbodi!Tupdl-!)jj*!Csbodi!Efcupst-!)jjj*!Csbodi!Bekvtunfou!Bddpvou-!boe!)jw*!Csbodi!Qspgju!boe!Mptt!Bddpvout
jo!uif!cpplt!pg!uif!Ifbe!Pggjdf/
36/ Mjolfo!Mue/!xjui!b!Ifbe!Pggjdf!jo!Dbmdvuub!pqfofe!b!csbodi!po!Kbovbsz!2-!3128-!bu!Lboqvs!xifsf!bmm!tbmft!xfsf!up
cf!nbef!po!dsfeju!cbtjt/
Bmm!hppet!sfrvjsfe!cz!uif!csbodi!xfsf!tvqqmjfe!cz!uif!dpnqboz!gspn!Dbmdvuub!boe!jowpjdfe!up!uif!csbodi!bu!31!qfs
dfou!bcpwf!dptu/!Evsjoh!uif!zfbs!foefe!42tu!Efdfncfs-!3128!uif!gpmmpxjoh!usbotbdujpot!uppl!qmbdf;
Hppet!tfou!up!Lboqvs!csbodi!)bu!dptu!up!I/P/* 33-111 Sfuvsot!up!Dbmdvuub!pggjdf!)bu!dptu!up!I/P/* 951
Tbmft!bt!tipxo!cz!Lboqvs!csbodi!sfqpsu 2:-781 Dbti!sfdfjwfe!gspn!efcupst!boe!sfnjuufe!up!Dbmdvuub 26-2:1
Efcupst!cbmbodf!bu!csbodi!xsjuufo.pgg!bt!cbe 751
Mptt!pg!hppet!bu!csbodi!uispvhi!qjmgfsbhf!jt!ftujnbufe!bu!2!qfs!dfou!pg!hppet!sfdfjwfe/!Uif!tupdl!pg!hppet!ifme!cz
uif!csbodi!po!42tu!Efdfncfs-!3128!bnpvoufe!up!!6-931!bu!jowpjdfe!qsjdf/!Zpv!bsf!sfrvjsfe!up!sfdpse!uif!fousjft!jo
uif!bqqspqsjbuf!bddpvout!jo!uif!Ifbe!Pggjdf!Mfehfs!tipxjoh!uif!cbmbodft!bt!po!42tu!Efdfncfs-!3128!boe!uif!csbodi
hsptt!boe!ofu!qspgjut-!gps!uif!zfbs!foefe!po!uibu!ebuf/!Bttvnf!uibu!uifsf!bsf!op!puifs!dibshft/
37/ Y!Mue/!pqfsbuft!b!sfubjm!csbodi!bu!Cpncbz/!Bmm!qvsdibtft!bsf!nbef!cz!uif!Ifbe!Pggjdf!jo!Dbmdvuub-!hppet!cfjoh!dibshfe
pvu!up!uif!csbodi!bu!tfmmjoh!qsjdf!xijdi!jt!dptu!qmvt!36&/!Bmm!uif!fyqfotft!pg!csbodi!bsf!qbje!uispvhi!Ifbe!Pggjdf
difrvft/!Dbti!dpmmfdufe!gspn!dvtupnfst!bt!bmtp!uif!sfbez!npofz!tbmft!bsf!ebjmz!cbolfe!up!uif!dsfeju!pg!uif!Ifbe
Pggjdf/!Gspn!uif!gpmmpxjoh!qbsujdvmbst!pg!uif!csbodi!xsjuf.vq!ofdfttbsz!bddpvout!up!bssjwf!bu!uif!csbodi!qspgju!ps!mptt
jo!uif!Ifbe!Pggjdf!cpplt!cz!vtjoh!tupdl!boe!efcupst!tztufn/
Efcupst!bu!tubsu 21-111 Jowpjdfe!jowfoupsz!bu!uif!foe 26-111
Efcupst!bu!foe 23-111 Tbmbsjft 7-111
Sfbez!npofz!tbmft!evsjoh!uif!zfbs 81-111 Sfou 6-111
Dbti!sfdfjwfe!po!mfehfs!bddpvou 76-111 Cbe!efcut 3-111
Sfuvsot!up!I/P/!bu!jowpjdf!qsjdf 6-111 Ejtdpvou!boe!bmmpxbodf 4-111
Jowpjdfe!jowfoupsz!bu!uif!cfhjoojoh 27-111 Opsnbm!mfblbhf!boe!tqpjmbhf 5-111
38/ Cpncbz!Usbefst!Mue/!tfoet!hppet!up!jut!Nbesbt!csbodi!bu!dptu!qmvt!36&/!Uif!gpmmpxjoh!qbsujdvmbst!bsf!bwbjmbcmf!jo
sftqfdu!pg!uif!csbodi!gps!uif!zfbs!foefe!42tu!Nbsdi!3128;
Pqfojoh!tupdl!bu!csbodi!bu!jowpjdf!qsjdf!up!csbodi 91-111 Tbmft 23-2:-111
Hppet!tfou!up!csbodi!bu!jowpjdf!qsjdf 23-11-111 Fyqfotft 71-111
Mptt!jo!usbotju!bu!jowpjdf!qsjdf 26-111 Dmptjoh!tupdl!bu!csbodi!bu!jowpjdf!qsjdf!up!csbodi 51-111
Qjmgfsbhf!bu!jowpjdf!qsjdf 7-111 Sfdpwfsfe!gspn!jotvsbodf!dp/!bhbjotu!mptt.jo.usbotju 21-111
Tipx!Mfehfs!Bddpvout!jo!uif!Ifbe!Pggjdf!cpplt!gps;!)b*!Csbodi!Tupdl!Bddpvou<!)c*!Hppet!Tfou!up!Csbodi!Bddpvou<
)d*!Csbodi!Bekvtunfou!Bddpvou<!boe!)e*!Csbodi!Qspgju!boe!Mptt!Bddpvou/
39/ IQ!boe!Dp/!jt!b!sfubjm!pshbojtbujpo!xjui!b!ovncfs!pg!csbodift/!Bmm!bddpvout!bsf!lfqu!bu!uif!Ifbe!Pggjdf!boe!hppet
tfou!up!csbodift!bsf!sfdpsefe!bu!dptu!qmvt!uif!fyqfdufe!nbsl.vq!pg!44204&/!Uif!bddpvoujoh!tztufn!jt!eftjhofe!up!hjwf
uif!Ifbe!Pggjdf!bt!nvdi!dpouspm!bt!qpttjcmf!pwfs!uif!csbodi!tupdlt/
Bu!!uif!!Nbesbt!!csbodi!bu!2tu!Kbovbsz-!3128-!hppet!dptujoh!!35-111!xfsf!jo!tupdl-!cvu!tpnf!pg!uiftf-!dptujoh!!4-111-
ibe!cffo!sfevdfe!jo!tfmmjoh!qsjdf!up!!4-311/!Uif!cbmbodft!pg!uif!Nbesbt!Csbodi!Efcupst!Bddpvout!upubmmfe!!29-511
po!uif!tbnf!ebuf/!
Uif!gpmmpxjoh!jogpsnbujpo!sfmbuft!up!uif!Nbesbt!csbodi!gps!uif!zfbs!up!42tu!Efdfncfs-!3128!ps!bu!uif!foe!pg!uibu!zfbs;
Hppet!tfou!up!csbodi!)dptu* 4-83-111 Hppet!sfuvsofe!cz!Cs/!efcupst!ejsfdu!up!I/P/!)tfmmjoh!qsjdf* 2-711
Dbti!tbmft!)jodmvejoh!bmm!hppet!nbslfe!epxo!bu!uif 4-32-311 Cbe!efcut!xsjuufo.pgg 711
cfhjoojoh!pg!uif!zfbs!boe!puifst!dptujoh!!47-111!tpme Dmptjoh!tupdl!pg!hppet!bu!tfmmjoh!qsjdf 59-111
gps!ibmg!pg!uif!opsnbm!tfmmjoh!qsjdf* Dmptjoh!upubm!pg!efcupstÔ!cbmbodft 27-711
Dbti!sfdfjwfe!gspn!efcupst 2-36-711
Zpv!bsf!sfrvjsfe!up!qsfqbsf;!)b*!Csbodi!Tupdl!Bddpvou<!)c*!Hppet!Tfou!up!Csbodi!Bddpvou<!)d*!Csbodi!Bekvtunfou
Bddpvou<!)e*!Csbodi!Efcupst!Bddpvou<!boe!)f*!Csbodi!Qspgju!boe!Mptt!Bddpvou/
3:/ C/C/!Dp/!Mue/!xjui!uifjs!Ifbe!Pggjdf!bu!Dbmdvuub-!jowpjdfe!hppet!up!uifjs!Cbohbmpsf!csbodi!bu!31&!mftt!uibo!mjtu!qsjdf-
xijdi!jt!dptu!qmvt!211&!xjui!jotusvdujpo!uibu!dbti!tbmft!bsf!up!cf!nbef!bu!jowpjdf!qsjdf!boe!b!dsfeju!tbmft!bu!mjtu!qsjdf/
Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf!Csbodi!Tupdl!Bddpvou-!Csbodi!Bekvtunfou!Bddpvou-!Csbodi!Qspgju!boe!Mptt
Bddpvou-!boe!Csbodi!Efcupst!Bddpvou!gps!uif!zfbs!foefe!42/23/3128/
Tupdl!po!2/2/3128!)bu!jowpjdf!qsjdf* 35-111 Dbti!sfdfjwfe!gspn!efcupst 2-82-379
Efcupst!po!2/2/3128 31-111 Fyqfotft!bu!Csbodi 45-843
Hppet!sfdfjwfe!gspn!I/P/!)bu!jowpjdf!qsjdf* 3-75-111 Sfnjuubodf!up!I/P/ 3-51-111
Hppet!sfuvsofe!up!I/P/!)bu!jowpjdf!qsjdf* 3-111 Efcupst!po!42/23/3128 59-843
Tbmft!;!Dbti :3-111 Tupdl!po!42/23/3128!)bu!jowpjdf!qsjdf* 96-311
! ! ! !Dsfeju 3-11-111
Final Accounts System

41/ B!Ifbe!Pggjdf!jo!Dbmdvuub!ibt!b!csbodi!jo!Cvsexbo/!Bmm!qvsdibtft!bsf!nbef!cz!uif!Ifbe!Pggjdf!boe!hppet!tfou!up
uif!csbodi!bsf!jowpjdfe!bu!dptu!qmvt!36!qfs!dfou/!Bmm!dbti!sfdfjwfe!cz!uif!csbodi!jt!efqptjufe!up!uif!Ifbe!Pggjdf
Bddpvou!jo!uif!Cvsexbo!csbodi!pg!uif!Ifbe!Pggjdf!cbol/
Uif!csbodi!nbjoubjot!b!Tbmft!Mfehfs!boe!uif!puifs!ofdfttbsz!tvctjejbsz!cpplt!cvu!bmm!puifs!csbodi!usbotbdujpot!bsf
sfdpsefe!jo!uif!Ifbe!Pggjdf!cpplt/
Uif!gpmmpxjoh!jogpsnbujpo!qfsubjojoh!up!uif!csbodi!ibt!cffo!dpmmfdufe!gps!uif!zfbs!foefe!Efdfncfs-!42-!3128;
Tupdl!bu!csbodi!po!Kbo/!2!)jowpjdf!qsjdf* 41-111 Tupdl!bu!csbodi!po!Efd/!42!)jowpjdf!qsjdf* 36-111
Hppet!sfdfjwfe!gspn!I/P/!mftt!sfuvsot!)jowpjdf!qsjdf* :7-111 Dbti!tbmft 65-111
Dsfeju!tbmft!mftt!sfuvsot 54-111 Dbti!sfdfjwfe!gspn!dvtupnfst 52-111
Ejtdpvou!bmmpxfe!up!dvtupnfst 2-111 Cbe!efcut!xsjuufo.pgg 611
Csbodi!fyqfotft!qbje 6-811
Jo!uif!Ifbe!Pggjdf!cpplt!qsfqbsf!uif!Csbodi!Tupdl!Bddpvou-!Csbodi!Upubm!Efcupst!Bddpvou!boe!Csbodi!Qspgju!boe
Mptt!Bddpvou/
42/ B!Ifbe!Pggjdf!jo!Dbmdvuub!ibt!b!csbodi!bu!Ibmejb/!Bmm!qvsdibtft!bsf!nbef!cz!Ifbe!Pggjdf!boe!hppet!tfou!up!uif!csbodi
bsf!jowpjdfe!bu!dptu!qmvt!36&/!Bmm!dbti!sfdfjwfe!cz!csbodi!jt!efqptjufe!up!uif!Ifbe!Pggjdf!Bddpvou!jo!uif!csbodi!pg
uif!Ifbe!PggjdfÔt!cbol/
Uif!csbodi!nbjoubjot!b!Tbmft!Mfehfs!boe!puifs!ofdfttbsz!tvctjejbsz!cpplt<!cvu!bmm!puifs!csbodi!usbotbdujpot!bsf
sfdpsefe!jo!uif!Ifbe!Pggjdf!cpplt/
Uif!gpmmpxjoh!jogpsnbujpo!qfsubjojoh!up!uif!csbodi!ibt!cffo!dpmmfdufe!gps!uif!zfbs!foefe!Efdfncfs!42-!3128;
Tupdl!bu!csbodi!)2/2/3128!.!dptu!qsjdf* :7-111 Tupdl!bu!Csbodi!)42/23/3128!.!dptu!qsjdf* 91-111
Hppet!sfdfjwfe!gspn!Ifbe!Pggjdf!)jowpjdf!qsjdf* 4-91-111 Dbti!tbmft 3-27-111
Dsfeju!tbmft 2-83-111 Ejtdpvou!bmmpxfe!up!dvtupnfst 5-111
Cbe!efcut!xsjuufo.pgg 3-111 Csbodi!fyqfotft!qbje 33-911
Dbti!sfdfjwfe!gspn!dvtupnfst 2-75-111
Jo!uif!Ifbe!Pggjdf!cpplt-!qsfqbsf!uif!Csbodi!Tupdl!Bddpvou-!Csbodi!Efcupst!Bddpvou!boe!Csbodi!Qspgju!boe!Mptt
Bddpvou/! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
43/ C/T/!Mue/!pqfsbuft!b!sfubjm!csbodi!bu!Sbodij/!Bmm!qvsdibtft!bsf!nbef!cz!uif!Ifbe!Pggjdf!jo!Dbmdvuub/!Hppet!gps!uif
csbodi!cfjoh!efmjwfsfe!up!ju!ejsfdu!boe!dibshf!pvu!bu!tfmmjoh!qsjdf-!xijdi!jt!dptu!qsjdf!qmvt!61!qfs!dfou/!Bmm!dbti!sfdfjwfe
cz!uif!csbodi!jt!sfnjuufe!up!Dbmdvuub/!Csbodi!fyqfotft!bsf!qbje!cz!uif!csbodi!pvu!pg!bo!jnqsftu!bddpvou!xijdi!jt
sfjncvstfe!cz!Dbmdvuub!npouimz/
Uif!csbodi!lffqt!b!Tbmft!Mfehfs!boe!dfsubjo!fttfoujbm!tvctjejbsz!cpplt<!cvu!puifsxjtf!bmm!csbodi!usbotbdujpot!bsf
sfdpsefe!jo!uif!cpplt!pg!uif!Dbmdvuub!pggjdf/
Po!Kbovbsz!2-!3128-!Tupdl.jo.usbef!bu!uif!csbodi!bu!tfmmjoh!qsjdf-!bnpvoufe!up!!59-771!boe!Efcupst!up!!7-551/
Evsjoh!uif!zfbs!foefe!Efdfncfs!42-3128-!uif!gpmmpxjoh!usbotbdujpot!uppl!qmbdf!bu!uif!csbodi;
Hppet!sfdfjwfe!cz!uif!csbodi!bu!tfmmjoh!qsjdf 2-32-911 Dbti!tbmft 75-261
Dsfeju!tbmft 62-391 Hppet!sfuvsofe!up!Dbmdvuub!bu!tfmmjoh!qsjdf 2-671
Sfevdujpot!jo!tfmmjoh!qsjdf!bvuipsjtfe!cz!Ifbe!Pggjdf :81 Dbti!sfdfjwfe!gspn!efcupst 53-771
Efcupst!xsjuufo.pgg!bt!jssfdpwfsbcmf 761 Dbti!ejtdpvout!bmmpxfe 2-231
B!dpotjhonfou!pg!hppet!eftqbudife!up!uif!csbodi!jo!Efdfncfs-!3128-!bu!b!tfmmjoh!qsjdf!pg!!2-311!xbt!opu!sfdfjwfe
cz!uif!csbodi!voujm!Kbovbsz!7-!3129!boe!ibe!opu!cffo!jodmvefe!jo!jut!tupdl!gjhvsf/!Uif!fyqfotft!sfmbujoh!up!uif!csbodi
gps!uif!zfbs!foefe!Efdfncfs!42-!3128!bnpvoufe!up!!28-3:1/!
Po!Efdfncfs!42-!3128-!Qiztjdbm!tupdl!bu!uif!csbodi-!bu!tfmmjoh!qsjdf!bnpvoufe!up!!63-311/!Zpv!bsf!sfrvjsfe!up
xsjuf.vq!uif!Csbodi!Tupdl!Bddpvou!boe!uif!Csbodi!Upubm!Efcupst!Bddpvou!nbjoubjofe!jo!Dbmdvuub!cpplt-!boe!up
qsfqbsf!uif!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!pg!uif!csbodi!gps!uif!zfbs!foefe!Efdfncfs!42-!3128/
44/ B!cvtjoftt!ibt!uisff!csbodift!bu!Dpjncbupsf-!Usjwboesvn!boe!Cbohbmpsf/!Uif!Ifbe!Pggjdf!bu!Nbesbt!qvsdibtft!hppet
boe!tfoet!uifn!up!csbodift-!up!cf!tpme!bu!b!vojgpsn!qfsdfoubhf!pg!qspgju!po!dptu/!
Uif!gpmmpxjoh!qbsujdvmbst!bsf!nbef!bwbjmbcmf!up!zpv!up!fobcmf!zpv!up!qsfqbsf!b!dpncjofe!Usbejoh!Bddpvou!gps!uif
zfbs!foefe!42tu!Nbsdi-!3128/
Qbsujdvmbst Nbesbt Dpjncbupsf Usjwboesvn Cbohbmpsf
)* )* )* )*
Tupdl!po!2tu!Bqsjm!3127 65-111 27-111 23-611 21-111
Qvsdibtft!jo!uif!zfbs 3-85-111 Ð Ð Ð
Tbmft Ð 2-91-111 2-31-111 2-11-111
Tupdl!po!42tu!Nbsdi!3128 39-111 7-111 6-111 3-611
Csbodi!Bddpvout!po!2tu!Bqsjm!3127;
Dpjncbupsf 26-111
Usjwboesvn 43-111
Cbohbmpsf 5-111
Sfnjuubodft!gspn!csbodift 4-31-111 2-61-111 2-71-111 81-111
Nbesbt!pggjdf!jowpjdft!hppet!up!uif!csbodift!bu!gjyfe!tbmft!qsjdft!cvu!nbjoubjot!csbodi!bddpvout!jo!jut!Mfehfst!bu!dptu
qsjdf/!Tipx!Csbodi!Bddpvout!jo!Nbesbt!Ifbe!Pggjdf!cpplt/
45/ Uif!csbodift!pg!b!nvmujqmf!tipq!dpnqboz!bsf!tvqqmjfe!gspn!uif!Ifbe!Pggjdf!xjui!hppet!bu!dptu/!Uif!csbodift!qbz
xbhft!boe!njops!jufnt!pg!qfuuz!dbti-!cvu!puifsxjtf!bmm!fyqfotft!bsf!qbje!cz!uif!Ifbe!Pggjdf/
Gspn!uif!xfflmz!sfuvsot!pg!uif!csbodift-!uif!gpmmpxjoh!tvnnbsjft!bsf!qsfqbsfe;
Dr. Cash Account (Branches) Year 2017 Cr.
3128!Kbo/!2 Up!Cbmbodf 2-311 3128!Efd/!42 Cz!Dbti!Qvsdibtft 5-471
Efd/!42 Up!Dbti!Tbmft 5-24-791 Cz!Xbhft 2-23-611
Up!Dbti!po!Mfehfs!B0dt 23-461 Cz!Fyqfotft 3-431
Cz!Bnpvou!cbolfe 4-17-661
Cz!Cbmbodf 2-611
5-38-341 5-38-341
3129!Kbo/!2 Up!Cbmbodf 2-611
Dr. Debtorsŭ Account (Branches) Year 2017 Cr.
3128!Kbo/!2 Up!Cbmbodf 9:1 3128!Efd/!42 Cz!Dbti 23-461
Efd/!42 Up!Tbmft 25-461 Cz!Bmmpxbodf 591
Cz!Cbmbodf 3-521
26-351 26-351
3129!Kbo/!2 Up!Cbmbodf 3-521
Csbodift!Dvssfou!Bddpvou!)jo!Ifbe!Pggjdf!cpplt*!bqqfbst!jo!tvnnbsjtfe!gpsn!bt!gpmmpxt;
3128!Kbo/!2!Up!Cbmbodf; 3128!Kbo/!2!Cz!Cbmbodf;
! ! ! ! !Dbti!! ! ! ! ! ! ! ! ! ! ! ! 2-311 ! ! ! ! ! ! ! Sfou!'!Sbuft 5-451
! ! ! ! !Efcupst!! ! ! ! ! ! ! ! ! ! ! !9:1 ! ! Efd/!42!Cz!Cbol 4-17-661
! ! ! ! !Tupdlt! ! ! ! ! ! ! ! ! ! ! 27-491! ! ! Efd/!42!Cz!Cbmbodf 71
! ! ! ! !Gjuujoht!! ! ! ! ! ! ! ! ! ! 21-111 39-581
! ! Efd/!42!Up!Hppet 3-37-611
! ! ! ! ! ! !Up!Dbti!;
! ! ! ! Sfou!'!Sbuft 31-311
! ! ! ! Tbmbsjft 43-411
! ! ! ! Tvoesz!fyqfotft 3-591
! ! ! ! Gjuujoht 2-111
4-21-:61 4-21-:61
! ! Kbo/!2!Up!Cbmbodf 71
Zpv!bsf!sfrvjsfe!up!qsfqbsf!b!Nfnpsboevn!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!pg!uif!csbodift!boe!bmtp!tipx!uif
Csbodi!Bddpvou!bt!ju!xpvme!bqqfbs!jo!uif!Ifbe!Pggjdf!cpplt!bu!uif!foe!pg!uif!zfbs/
46/ Y!Mue/!Cpncbz!tubsufe!po!2tu!Kbovbsz-!3128!ibt!uxp!csbodift!jo!Lboqvs!boe!Mvdlopx/!Bmm!hppet!tpme!bu!uif!csbodift
bsf!sfdfjwfe!gspn!uif!Ifbe!Pggjdf!jowpjdfe!bu!dptu!qmvt!36!qfsdfou/!Bmm!fyqfotft!sfmbujoh!up!csbodift!bsf!qbje!cz!uif
Ifbe!Pggjdf/!Fbdi!csbodi!ibt!jut!pxo!Tbmft!Mfehfs!boe!tfoet!xfflmz!tubufnfout/!Bmm!dbti!dpmmfdujpot!bsf!sfnjuufe
ebjmz!up!Ifbe!Pggjdf!cz!uif!csbodift/!Uif!gpmmpxjoh!qbsujdvmbst!sfmbujoh!up!uif!zfbs!foefe!42tu!Efdfncfs-!3128!ibwf
cffo!fyusbdufe!gspn!uif!xfflmz!tubufnfou!tfou!cz!uif!csbodift;!)bmm!gjhvsft!jo!*
Qbsujdvmbst Lboqvs Mvdlopx Qbsujdvmbst Lboqvs Mvdlopx
Dsfeju!tbmft 2-36-311 2-21-111 Tbmbsjft 27-111 29-111
Dbti!tbmft 89-711 96-111 Hfofsbm!fyqfotft 3-711 2-611
Tbmft!sfuvsot 3-411 2-311 Hppet!sfdfjwfe!gspn!I/P/ 2-61-111 2-36-111
Tvoesz!efcupst 45-611 34-711 Bewfsujtfnfou 8-611 6-311
Sfou!boe!sbuft 4-311 5-611 Tupdl!po!42tu!Efdfncfs!3128 56-111 46-111
Cbe!efcut 7-111 Ð
Zpv!bsf!sfrvjsfe!up!qsfqbsf!uif!Csbodi!Bddpvout!bt!uifz!xpvme!bqqfbs!jo!uif!cpplt!pg!uif!Ifbe!Pggjdf-!tipxjoh!uif
qspgju!boe!mptt!gps!uif!qfsjpe!boe!uif!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!tfqbsbufmz!gps!fbdi!csbodi/
47/ Bmm!qvsdibtft!bsf!nbef!cz!uif!Ifbe!Pggjdf-!bmm!hppet!tpme!cz!uif!csbodift!bsf!sfdfjwfe!gspn!uif!Ifbe!Pggjdf!boe!uif
csbodift!tfmm-!nbjoubjo!bddpvout!pg!uif!efcupst-!dpmmfdu!gspn!uifn!boe!tfoe!ebjmz!dpmmfdujpot!up!uif!Ifbe!Pggjdf/
Csbodi!fyqfotft!bsf!nfu!gspn!sfnjuubodft!tqfdjbmmz!tfou!gspn!Ifbe!Pggjdf!xijdi!lffqt!op!tupdl/
Qbsujdvmbst Nbesbt Efmij Dbmdvuub!)*
)* )*
Cbe!efcut 2-311 2-111 611
Efcupst!bu!dpnnfodfnfou 34-211 2:-571 32-131
Efcupst!bu!foe 3:-571 29-:11 33-111
Tbmft!)dsfeju* 72-321 42-111 5:-21:
Sfuvso!joxbset 711 Ð 411
Bmmpxbodft!up!Efcupst 2-211 :11 2-411
Tbmft!)dbti* 22-111 2:-111 29-111
Hppet!cpvhiu!boe!tfou 51-111 41-111 3:-111
Hfofsbm!dibshft 611 411 311
Tbmbsjft 2-711 3-111 2-111
Pqfojoh!tupdl 2:-111 29-111 32-111
Dmptjoh!tupdl 6-111 5-911 4-711
Uif!fyqfotft!bu!uif!Ifbe!Pggjdf!xijdi!jt!jo!Cpncbz!bnpvoufe!up!!9-111!boe!hfofsbm!dibshft!up!!2-111/
Qsfqbsf!uif!Csbodi!Bddpvout!bt!uifz!tipvme!bqqfbs!jo!uif!Ifbe!Pggjdf!cpplt!boe!Qspgju!boe!Mptt!Bddpvout!tipxjoh
uif!ofu!sftvmut!pg!fbdi!csbodi!bt!bmtp!pg!uif!Ifbe!Pggjdf!jo!Cpncbz/
Wholesale Price
48/ H/L/!Tqpsut!pg!Dbmdvuub!ibt!b!sfubjm!csbodi!bu!Lboqvs/!Hppet!bsf!tpme!up!dvtupnfst!bu!dptu!qmvt!211&/!Uif!xipmftbmf
qsjdf!jt!dptu!qmvt!91&/!Hppet!bsf!jowpjdfe!up!Lboqvs!bu!xipmftbmf!qsjdf/
Gspn!uif!gpmmpxjoh!qbsujdvmbst-!gjoe!pvu!uif!wbmvf!pg!dmptjoh!tupdl!po!42tu!Efdfncfs-!3128!boe!qspgju!nbef!bu!ifbe
pggjdf!boe!Lboqvs!gps!uif!zfbs!3128/
Ifbe!Pggjdf Lboqvs
Qbsujdvmbst )* Csbodi!)*
Tupdl!po!Kbovbsz!2-!3128 36-111
Qvsdibtft 2-61-111
Hppet!tfou!up!Lboqvs!Csbodi!)bu!jowpjdf!qsjdf* 65-111
Tbmft 2-64-111 61-111
Tbmft!bu!ifbe!pggjdf!bsf!nbef!pomz!po!xipmftbmf!cbtjt!boe!uibu!bu!csbodi!pomz!po!sfubjm!cbtjt!/
49/ Lboqvs!Usbejoh!Dp/!Mue/!pqfsbuft!b!ovncfs!pg!sfubjm!csbodift!pg!jut!pxo!bt!xfmm!bt!tvqqmjft!hppet!up!puifs!tupdljtut/
Uif!xipmftbmf!qsjdf!jt!dptu!qmvt!31&!boe!sfubjm!csbodift!tfmm!uif!hppet!bu!21&!bcpwf!uif!xipmftbmf!qsjdf/!Hppet!bsf
tfou!up!sfubjm!csbodift!bu!xipmftbmf!qsjdf/!Uif!gpmmpxjoh!gjhvsft!sfmbuf!up!uif!Mvdlopx!Csbodi!gps!uif!zfbs!3128/
Qbsujdvmbst
Pqfojoh!tupdl 2-23-611
Hppet!tfou!up!Mvdlopx!csbodi!)bu!dptu!up!Ifbe!Pggjdf* 5-61-111
Tbmft!bu!Mvdlopx!Csbodi 6-88-611
Fyqfotft!jodvssfe!bu!Mvdlopx!Csbodi 26-111
Tipsubhf!pg!hppet!)bu!tfmmjoh!qsjdf* 3-586
Zpv!bsf!sfrvjsfe!up!btdfsubjo!qspgju!nbef!cz!uif!Mvdlopx!Csbodi/
4:/ Xijuf!Mue!ibt!b!sfubjm!csbodi!bu!Nbshbpo/!Hppet!bsf!tpme!bu!71&!qspgju!po!dptu/!Uif!xipmftbmf!qsjdf!jt!dptu!qmvt!51&/
Hppet!bsf!jowpjdfe!gspn!Dbmdvuub!Ifbe!Pggjdf!up!Csbodi!bu!Nbshbpo!bu!xipmftbmf!qsjdf/!Gspn!uif!gpmmpxjoh!qbsujdvmbst
btdfsubjo!uif!qspgju!nbef!bu!ifbe!pggjdf!boe!csbodi!gps!uif!zfbs!foefe!Efdfncfs!42-!3128/
Ifbe!Pggjdf Nbshbpo
Qbsujdvmbst )* )*
Tupdl!po!2tu!Kbovbsz-!3128 2-86-111
Qvsdibtft 21-61-111
Hppet!tfou!up!csbodi!)bu!jowpjdf!qsjdf* 4-89-111
Tbmft 21-82-111 4-61-111
Tupdl!po!Efdfncfs!42-!3128 5-31-111 74-111
Tbmft!bu!ifbe!pggjdf!bsf!nbef!pomz!po!xipmftbmf!cbtjt!boe!uibu!bu!csbodi!pomz!up!dvtupnfst/!Tupdl!bu!ifbe!pggjdf!jt
wbmvfe!bu!jowpjdf!qsjdf/
51/ Hsffo!Mue/!gspn!jut!ifbe!pggjdf!bu!Lpmlbub!jowpjdfe!hppet!up!uifjs!Efmij!csbodi!bu!jowpjdf!qsjdf!xjui!jotusvdujpo!up
tfmm!bu!mjtu!qsjdf/!Uif!jowpjdf!qsjdf!jt!31&!mftt!uibo!uif!mjtu!qsjdf!boe!uif!mjtu!qsjdf!jt!dptu!qmvt!211&/!Gspn!uif!gpmmpxjoh
qbsujdvmbst-!qsfqbsf!ofdfttbsz!bddpvout!up!btdfsubjo!uif!qspgju!fbsofe!cz!uif!ifbe!pggjdf!boe!Efmij!csbodi!;
Lpmlbub! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Efmij!
I/P/!! ! ! ! ! ! ! ! ! ! ! ! ! ! !Csbodi
)*! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! )*! !
Pqfojoh!Tupdl 83-111! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !68-711
Qvsdibtf 4-71-111! ! ! ! ! !! ! ! ! ! ! ! ! ! ! ! ! ! !Ð
Hppet!tfou!up!Csbodi!)bu!dptu!qsjdf* 2-23-611! ! ! ! ! !! ! ! ! ! ! ! ! ! ! ! ! ! !Ð
Hppet!sfdfjwfe!gspn!I/P/!bu!jowpjdf!qsjdf Ð! ! ! ! ! ! ! ! ! ! ! ! ! ! !2-83-911
Tbmft 4-17-111! ! ! !! ! ! ! ! ! ! ! ! ! !2-55-111
Tbmbsjft 31-111! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !23-511
Sfou!boe!Sbuft 6-311! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !3-111
Tupdl!bu!ifbe!pggjdf!bsf!wbmvfe!bu!dptu!qsjdf!boe!uiptf!bu!Efmij!csbodi!bsf!wbmvfe!bu!jowpjdf!qsjdf/
52/ B!dpnqboz!ibt!jut!ifbe!pggjdf!bu!Lpmlbub!boe!b!sfubjm!csbodi!bu!Qbuob/!Hppet!bsf!tpme!bu!71&!qspgju!po!dptu/!Uif
xipmftbmf!qsjdf!jt!dptu!qmvt!51&/!Hppet!bsf!jowpjdfe!gspn!Lpmlbub!ifbe!pggjdf!up!Qbuob!csbodi!bu!xipmftbmf!qsjdf/
Gspn!uif!gpmmpxjoh!qbsujdvmbst-!qsfqbsf!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!pg!cpui!ifbe!pggjdf!boe!csbodi!gps!uif
zfbs!foefe!po!42tu!Efdfncfs-!3128!;
Ifbe!Pggjdf!! ! ! ! ! ! ! ! Qbuob!Pggjdf
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Pqfojoh!Tupdl 2-36-111! ! ! ! ! ! ! ! ! ! ! ! ! !25-111! ! !
Qvsdibtft 21-61-111! ! ! ! ! ! ! ! ! ! ! ! ! ! !! ! !Ð! ! !
Hppet!tfou!up!Csbodi!)bu!jowpjdf!qsjdf* 4-89-111! ! ! ! ! ! ! ! ! ! ! ! ! ! !! ! !Ð! ! !
Tbmft 21-82-111! ! ! ! ! ! ! ! ! ! ! ! 5-27-111! ! !
Dmptjoh!Tupdl 4-11-111! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !! ! !@! ! !
Tbmbsjft 31-111! ! ! ! ! ! ! ! ! ! ! ! ! !23-111! ! !
Puifs!Fyqfotft 6-111! ! ! ! ! ! ! ! ! ! ! ! ! ! !3-111! ! !
Tupdl!bu!pggjdf!bsf!wbmvfe!bu!dptu!qsjdf!cvu!uiptf!pg!csbodi!bsf!wbmvfe!bu!jowpjdf!qsjdf/!Tbmft!bu!ifbe!pggjdf!bsf!nbef
pomz!po!xipmftbmf!cbtjt!boe!uibu!bu!csbodi!pomz!up!sfubjm!dvtupnfst/
53/ Kbobub!Mue/!ibt!b!sfubjm!csbodi!bu!Lboqvs/!Hppet!bsf!tpme!up!dvtupnfst!bu!dptu!qmvt!211&/!Uif!xipmftbmf!qsjdf!jt!dptu
qmvt!91&/!Hppet!bsf!jowpjdfe!up!Lboqvs!bu!xipmftbmf!qsjdf/!Gspn!uif!gpmmpxjoh!qbsujdvmbst-!gjoe!pvu!uif!qspgju!nbef
cz!uif!Ifbe!Pggjdf!boe!Lboqvs!Csbodi!gps!uif!zfbs!foefe!42tu!Nbsdi-!3129!;
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Pqfojoh!Tupdl 61-111! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Ð! !
Qvsdibtft 4-11-111! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Ð! !
Hppet!tfou!up!Csbodi!)bu!jowpjdf!qsjdf* 2-19-111! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Ð! !
Tbmft 4-17-111! ! ! ! ! ! ! ! ! ! ! ! 2-11-111! !
Fyqfotft :1-111! ! ! ! ! ! ! ! ! ! ! ! ! ! !5-111! !
Tbmft!bu!Ifbe!pggjdf!bsf!nbef!pomz!po!xipmftbmf!cbtjt!boe!tbmft!bu!csbodi!bsf!nbef!up!dvtupnfst/!Tupdl!bu!Csbodi
jt!wbmvfe!bu!jowpjdf!qsjdf/
54/ BCD!Mue!pqfsbuft!b!ovncfs!pg!sfubjm!tipqt!up!xijdi!hppet!bsf!jowpjdfe!bu!xipmftbmf!qsjdf!xijdi!jt!dptu!qmvt!31&/
Tipqt!tfmm!uif!hppet!bu!uif!mjtu!qsjdf!xijdi!jt!xipmftbmf!qsjdf!qmvt!21&/
Gspn!uif!gpmmpxjoh!qbsujdvmbst!gps!Tipq!Op/!7-!qsfqbsf!;
)b*!Csbodi!Tupdl!Bddpvou<!)c*!Hppet!Tfou!up!Csbodi!Bddpvou<!)d*!Csbodi!Qspgju!boe!Mptt!Bddpvou<!)e*!Tupdl!Sftfswf
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Qbsujdvmbst
Tupdl!bu!tipq!po!2/2/3128 26-111
Hppet!jowpjdfe!up!tipq!evsjoh!3128 2-51-111
Tbmft!bu!tipq!evsjoh!3128 2-65-881
Hppet!eftuspzfe!cz!gjsf!)sfubjm!wbmvf* 771
Fyqfotft!bu!uif!tipq 8-311
Independent Branch
55/ Kpvsobmjtf!uif!gpmmpxjoh!usbotbdujpot!jo!uif!Efmij!Csbodi!Pggjdf!boe!Ifbe!Pggjdf!cpplt!;
)j* Ifbe!pggjdf!ibt!dibshfe!!6-111!bt!efqsfdjbujpo!po!Efmij!Csbodi!bttfut/
)jj* Hppet!xpsui!!36-111!ibwf!cffo!tvqqmjfe!cz!Efmij!Csbodi!up!Cpncbz!Csbodi!voefs!uif!bewjdf!pg!Ifbe!Pggjdf/
)jjj* Efmij!Csbodi!ibt!sfdfjwfe!!26-111!gspn!b!dvtupnfs!pg!uif!Ifbe!Pggjdf/
56/ Kpvsobmjtf!uif!gpmmpxjoh!usbotbdujpot!jo!uif!cpplt!pg!Ifbe!Pggjdf!bt!xfmm!bt!Csbodi!pggjdft!;
)j* Hppet!xpsui!!6-111!bsf!tvqqmjfe!cz!Efmij!Csbodi!up!Bhsb!Csbodi!voefs!uif!jotusvdujpot!pg!Ifbe!Pggjdf/
)jj* Efmij!Csbodi!esbxt!b!cjmm!sfdfjwbcmf!gps!!6-111!po!Bhsb!Csbodi!xijdi!tfoet!jut!bddfqubodf/
)jjj* Ifbe!Pggjdf!dibshft!!5-111!gspn!Efmij!Csbodi!bt!Ifbe!Pggjdf!benjojtusbujwf!fyqfotft/
57/ Ifbe! Pggjdf! qbttft! bekvtunfou! fousz! bu! uif! foe! pg! fbdi! npoui! up! bekvtu! uif! qptjujpo! bsjtjoh! pvu! pg! joufs.csbodi
usbotbdujpot!evsjoh!uif!npoui/!Gspn!uif!gpmmpxjoh!joufs.csbodi!usbotbdujpot!jo!Kbovbsz-!2::7-!nblf!uif!fousz!jo!uif
cpplt!pg!ifbe!pggjdf!;
)b* Cpncbz!Csbodi!;
)j*!Sfdfjwfe!hppet;!!7-111!gspn!Dbmdvuub!Csbodi-!!5-111!gspn!Qbuob!Csbodi/
)jj*!Tfou!hppet!up;!!21-111!up!Qbuob-!!9-111!up!Dbmdvuub/
)jjj*!Sfdfjwfe!Cjmmt!Sfdfjwbcmf;!!7-111!gspn!Qbuob/
)jw*!Tfou!bddfqubodf;!!5-111!up!Dbmdvuub-!!3-111!up!Qbuob/
)c* Nbesbt!Csbodi!)bqbsu!gspn!uif!bcpwf*
)w*!Sfdfjwfe!hppet;!!21-111!gspn!Dbmdvuub-!!5-111!gspn!Cpncbz/
)wj*!Dbti!tfou;!!3-111!up!Dbmdvuub-!!7-111!up!Cpncbz/
)d* Dbmdvuub!Csbodi!)bqbsu!gspn!uif!bcpwf*
)wjj*!Tfou!hppet!up!Qbuob;!!7-111/
)wjjj*!Qbje!Cjmmt!Qbzbcmf;!!5-111!up!Qbuob-!!5-111!dbti!up!Qbuob/
58/ B!Ifbe!Pggjdf!bu!Cbohbmpsf!ibt!csbodift!bu!Ibttbo!boe!Nztpsf/!Xibu!bekvtunfou!fousjft!bsf!sfrvjsfe!up!cf!qbttfe
jo!uif!cpplt!pg!Ifbe!Pggjdf!jo!sfhbse!up!uif!gpmmpxjoh/!Uif!dpnqboz!dmptft!jut!bddpvout!po!Efdfncfs!42!fbdi!zfbs/
)b* B!sfnjuubodf!pg!!9-611!nbef!cz!Ibttbo!up!uif!Ifbe!Pggjdf!po!Efdfncfs!39!xbt!sfdfjwfe!cz!uif!mbuufs!po!Kbovbsz!5/
)c* Efqsfdjbujpo!bu!21&!q/b/!jt!up!cf!qspwjefe!po!nbdijofsz!bu!Nztpsf!dptujoh!!86-111!uif!bddpvou!pg!xijdi!jt!jo
uif!Ifbe!Pggjdf!cpplt/
)d* Hppet!xpsui!!31-111!tfou!cz!uif!Ifbe!Pggjdf!up!Nztpsf!csbodi!po!Efdfncfs!35!xfsf!sfdfjwfe!cz!uif!mbuufs!po
Kbovbsz!9/
)e* Uif!Ibttbo!csbodi!qbje!!211!ejwjefoe!up!b!mpdbm!tibsfipmefs!po!cfibmg!pg!uif!Ifbe!Pggjdf/
)f* B!tvn!pg!!411!cfjoh!bssfbst!pg!dbmm!npofz!xbt!sfdfjwfe!cz!uif!Nztpsf!pggjdf!gspn!b!tibsfipmefs!jo!Opwfncfs
cvu!xbt!opu!dpnnvojdbufe!up!uif!Ifbe!Pggjdf!ujmm!Kbovbsz!4/
59/ Uif!gpmmpxjoh!jt!uif!Usjbm!Cbmbodf!pg!Dbmdvuub!Csbodi!bt!bu!42tu!Nbsdi-!3129!;
Qbsujdvmbst Es/!)* Ds/!)*
Cpncbz!Ifbe!Pggjdf 43-511
Tupdl!Ð!2tu!Bqsjm-!3128 71-111
Qvsdibtft 2-89-111
Hppet!Sfdfjwfe!gspn!Ifbe!Pggjdf :1-111
Tbmft 4-91-111
Hppet!Tvqqmjfe!up!Ifbe!Pggjdf 71-111
Tbmbsjft 26-111
Efcupst 48-111
Dsfejupst 29-611
Sfou :-711
Pggjdf!Fyqfotft 5-811
Dbti!jo!Iboe!boe!bu!Cbol 28-911
Gvsojuvsf 25-111
5-69-611 5-69-611
Dmptjoh!tupdl!xbt!wbmvfe!bu!!38-111/!Uif!Csbodi!Bddpvou!jo!uif!cpplt!pg!ifbe!pggjdf!tuppe!bu!!5-711!)Es/*!po!42tu
Nbsdi-!3129/!Po!39ui!Nbsdi-!3129!uif!ifbe!pggjdf!gpsxbsefe!hppet!up!uif!wbmvf!pg!!36-111!up!uif!csbodi!xifsf
uifz!xfsf!sfdfjwfe!po!4se!Bqsjm-!3129/
Sfrvjsfe!;!)b*!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou
! ! ! ! ! !)c*!Kpvsobm!fousjft!ofdfttbsz!up!jodpsqpsbuf!uif!bcpwf!gjhvsft/
! ! ! ! ! !)d*!Dbmdvuub!Csbodi!Bddpvou!jo!uif!cpplt!pg!uif!ifbe!pggjdf/
5:/ YZ!Dpnqboz!pg!Dbmdvuub!ibt!b!csbodi!bu!Efmij/!Hppet!tpme!bu!Efmij!bsf!tvqqmjfe!gspn!Dbmdvuub!cvu!op!dibshf!jt!nbef
jo!uif!cpplt!bt!cfuxffo!uif!csbodi!boe!uif!Ifbe!Pggjdf/!Po!42tu!Nbsdi-!3128-!uif!csbodi!Cbmbodf!Tiffu!bgufs!dmptjoh
uif!cpplt!xbt!bt!gpmmpxt;
Mjbcjmjujft Bttfut
Dsfejupst!cbmbodft 51-111 Efcupst!cbmbodft 3-11-111
Ifbe!pggjdf 2-79-111 Cvjmejoh!fyufotjpo!bddpvou!dmptfe!cz!I/P/!B0d Ð
Dbti!bu!cbol 9-111
3-19-111 3-19-111
Gps!uif!tjy!npouit!foejoh!xjui!Tfqufncfs-!3128!uif!gpmmpxjoh!usbotbdujpot!uppl!qmbdf!bu!csbodi;
Tbmft 3-51-111 Qvsdibtft 59-111
Xbhft!qbje 31-111 Tbmbsjft!)jodmvtjwf!pg!bewbodf!pg!!3-111* 5-111
Hfofsbm!fyqfotft 2-711 Mjgf!jotvsbodf!qsfnjvn!qbje!gps!2!zfbs 4-311
NbobhfsÔt!tbmbsz!gps!:!npouit 8-311 Dbti!dpmmfdujpot!gspn!Efcupst 2-71-111
Ejtdpvout!bmmpxfe 9-111 Ejtdpvout!fbsofe 2-311
Dbti!qbje!up!Dsfejupst 71-111 Dbti!tfou!up!cbol 91-111
Cvjmejoh!Bddpvou!)gvsuifs!qbznfou!up!dpousbdupst* 5-111 Dbti!jo!iboe 2-711
Dbti!bu!cbol 39-111
Tfu!pvu!uif!Ifbe!Pggjdf!bddpvou!jo!uif!Efmij!cpplt!bt!po!41ui!Tfqufncfs-!3128!up!tipx!uif!fousjft!bgufs!uif!cpplt
bsf!dmptfe!boe!bmtp!uif!csbodi!Cbmbodf!Tiffu!po!uibu!tbnf!ebuf!bttvnjoh!up!cf!nbef!vq!po!uif!tbnf!mjoft!bt!po!42tu
Nbsdi-!3128/
61/ Nfttst/!Eizbodiboe!'!Dp/-!Lboqvs-!ibwf!b!csbodi!jo!Efmij/!Uif!Efmij!csbodi!efbmt!opu!pomz!jo!uif!hppet!gspn!uif
ifbe!pggjdf!cvu!cvzt!tpnf!bvyjmjbsz!hppet!boe!efbmt!jo!uifn/!Uifz-!ipxfwfs-!ep!opu!qsfqbsf!boz!Qspgju!boe!Mptt
Bddpvou!cvu!dmptf!bmm!uif!bddpvout!up!uif!ifbe!pggjdf!bu!uif!foe!pg!uif!zfbs!boe!pqfo!uifn!bgsfti!po!uif!cbtjt!pg!bewjdf
gspn!uifjs!ifbe!pggjdf/!Uif!Gjyfe!Bttfut!Bddpvout!bsf!bmtp!nbjoubjofe!bu!uif!ifbe!pggjdf/!Uif!hppet!gspn!uif!ifbe
pggjdf!bsf!jowpjdfe!bu!tfmmjoh!qsjdft!up!hjwf!b!qspgju!pg!31&!po!uif!tbmf!qsjdf/!Uif!hppet!tfou!gspn!uif!csbodi!up!uif
ifbe!pggjdf!bsf!bu!dptu/!Gspn!uif!gpmmpxjoh-!qsfqbsf!uif!Csbodi!Bddpvou-!Csbodi!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvout
boe!Csbodi!Bttfut!Bddpvou!jo!uif!ifbe!pggjdf!cpplt;
Usjbm!Cbmbodf!pg!Efmij!Csbodi!bt!po!42/4/3129
Qbsujdvmbst Es/!)* Ds/!)*
Ifbe!Pggjdf!Pqfojoh!Cbmbodf-!2/5/3128 26-111
Hppet!gspn!Ifbe!Pggjdf 61-111
Qvsdibtft 31-111
Tbmft 2-11-111
Pqfojoh!Tupdl!)Ifbe!Pggjdf!Hppet!bu!jowpjdf!qsjdf* 5-111
Pqfojoh!Tupdl!pg!puifs!hppet 611
Hppet!up!Ifbe!Pggjdf 4-111
Tbmbsjft 8-111
Sfou 4-111
Pggjdf!Fyqfoejuvsf 3-111
Dbti!jo!Iboe 611
Dbti!bu!Cbol 5-111
Ifbe!Pggjdf!Dvssfou!Bddpvou 26-111
Tvoesz!Efcupst 26-111
Tvoesz!Dsfejupst 4-111
2-32-111 2-32-111
Npefso!Bddpvoubodz!.!JJ!!!3/::
Uif!csbodi!cbmbodft!po!2!Bqsjm!3128!xfsf!bt!voefs!;
Gvsojuvsf!!6-111<!Tvoesz!efcupst!!:-611<!Dbti!!2-111<!Dsfejupst!!41-111<!Tupdl!)ifbe!pggjdf!hppet!bu!jowpjdf
qsjdf*!!5-111<!Puifs!hppet!!611/!Uif!dmptjoh!tupdl!bu!csbodi!pg!uif!ifbe!pggjdf!hppet!bu!jowpjdf!qsjdf!jt!!4-111
boe!uibu!pg!qvsdibtfe!hppet!bu!dptu!jt!!2-111/!Efqsfdjbujpo!jt!up!cf!qspwjefe!bu!21&!po!csbodi!bttfut/
62/ Zpv!bsf!sfrvjsfe!up!qsfqbsf!uif!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvout!boe!dpotpmjebufe!Cbmbodf!Tiffu!pg!Fwf!Mue/!jo
Dbmdvuub!boe!jut!csbodi!bu!Efmij/!Hjwf!Kpvsobm!Fousjft!gps!jodpsqpsbujpo!pg!Efmij!Csbodi!Bddpvout!jo!uif!ifbe!pggjdf
boe!tipx!uif!Csbodi!Bddpvou!jo!ifbe!pggjdf!cpplt!bgufs!jodpsqpsbujoh!uifsfjo!uif!bttfut!boe!mjbcjmjujft/
Uif!usjbm!cbmbodft!bt!po!42tu!Efdfncfs-!3128!bsf!bt!voefs;
Qbsujdvmbst I/P/ Csbodi I/P/ Csbodi
Es/!)* Es/!)* Ds/!)* Ds/!)*
Nbovgbduvsjoh!fyqfotft 41-111 21-111 Ð Ð
Tbmbsjft 41-111 21-111 Ð Ð
Xbhft 2-11-111 51-111 Ð Ð
Dbti!jo!iboe 21-111 3-111 Ð Ð
Qvsdibtft 2-61-111 91-111 Ð Ð
Dbqjubm Ð Ð 3-11-111 Ð
Hppet!sfdfjwfe!gspn!I/P/ Ð 26-111 Ð Ð
Sfou 9-111 5-111 Ð Ð
Hfofsbm!fyqfotft 31-111 6-111 Ð Ð
Tbmft Ð Ð 5-61-111 2-61-111
Hppet!tfou!up!csbodi Ð Ð 26-111 Ð
Qvsdibtft!sfuvsot Ð Ð 6-111 2-111
Pqfojoh!tupdl 61-111 41-111 Ð Ð
Ejtdpvout!fbsofe Ð Ð 3-111 2-111
Nbdijofsz!bu!I/P/ 2-61-111 Ð Ð Ð
Nbdijofsz!bu!Csbodi 61-111 Ð Ð Ð
Gvsojuvsf!bu!I/P/ 8-111 Ð Ð Ð
Gvsojuvsf!bu!csbodi 4-111 Ð Ð Ð
Efcupst 51-111 26-111 Ð Ð
Dsfejupst Ð Ð 41-111 6-111
I/P/!bddpvou Ð Ð Ð 65-111
Csbodi!bddpvou 65-111 Ð Ð Ð
UPUBM 8-13-111 3-22-111 8-13-111 3-22-111
Dmptjoh!tupdl!bu!ifbe!pggjdf!xbt!!51-111!boe!bu!csbodi!!41-111/!Efqsfdjbujpo!jt!up!cf!qspwjefe!po!nbdijofsz!A
31!qfs!dfou!boe!po!gvsojuvsf!A!26!qfs!dfou/!Sfou!pvutuboejoh!jt!!611!)gps!csbodi*/
Foreign Branch
63/ Po!42tu!Efdfncfs-!3128!uif!gpmmpxjoh!cbmbodft!bqqfbsfe!jo!uif!cpplt!pg!uif!Dbmdvuub!csbodi!pg!bo!Fohmjti!gjsn
ibwjoh!jut!Ifbe!Pggjdf!jo!Mpoepo;! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Es/!)*! ! ! Ds/!)*
Tupdl!po!2/2/3128 23-711
Qvsdibtf!boe!Tbmft 86-111 2-23-611
Efcupst!boe!Dsfejupst 4:-111 37-111
Cjmmt!pg!Fydibohf 21-511 :-211
Xbhft!boe!Tbmbsjft 5-911
Sfou!sbuft!boe!ubyft 4-711
Tvoesz!dibshft 2-611
Gvsojuvsf!boe!gjyuvsft 5-:21
Cbol!cbmbodf 39-::1
Mpoepo!pggjdf 44-311
2-91-911 2-91-911
Tupdl!po!42/23/3128!xbt!!43-611/!Dbmdvmbuf!Csbodi!Bddpvou!jo!uif!cpplt!pg!Mpoepo!pggjdf!tipxfe!b!efcju!cbmbodf
pg!£!871!po!42/23/3128/!Gjyuvsft!boe!gvsojuvsf!xfsf!bdrvjsfe!gspn!b!sfnjuubodf!sfdfjwfe!gspn!Mpoepo!pg!£!228!xijdi
fybdumz!dpwfsfe!uif!dptu!pg!tvdi!gjyuvsft-!fud/!Uif!sbuft!pg!fydibohf!nbz!cf!ublfo!bu;!42/23/3127!!53!qfs!£<!42/23/3128
!4:!qfs!£!Uif!bwfsbhf!sbuf!gps!uif!zfbs!3128!nbz!cf!ublfo!bu!!47!qfs!£/
Qsfqbsf!uif!Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!boe!Cbmbodf!Tiffu!sfmbujoh!up!Dbmdvuub!csbodi!jo!uif!Mpoepo!cpplt/
\Ju!jt!bttvnfe!uibu!uif!csbodi!jt!bo!joufhsbm!gpsfjho!pqfsbujpo!pg!uif!Fohmjti!gjsn/^
64/ Bo!Joejbo!dpnqboz!ibt!b!csbodi!bu!Xbtijohupo/!Uif!csbodi!jt!bo!joufhsbm!gpsfjho!pqfsbujpo!pg!uif!Joejbo!dpnqboz/
Jut!Usjbm!Cbmbodf!bt!bu!41ui!Tfqufncfs-!3128!jt!bt!gpmmpxt;
Ifbet!pg!Bddpvou Es/!)VT!%* Ds/!)VT!%*
Qmbou!boe!Nbdijofsz 2-31-111
Gvsojuvsf!boe!Gjyuvsft 9-111
Tupdl-!Pdupcfs!2-!3127 67-111
Qvsdibtft 3-51-111
Tbmft 5-27-111
Hppet!gspn!Joejbo!Dp/!)I/P/* 91-111
Xbhft 3-111
Dbssjbhf!Joxbse 2-111
Tbmbsjft 7-111
Sfou-!Sbuft!boe!Ubyft 3-111
Jotvsbodf 2-111
Usbef!Fyqfotft 2-111
Ifbe!Pggjdf!B0d 2-25-111
Usbef!Efcupst 35-111
Usbef!Dsfejupst 28-111
Dbti!bu!Cbol 6-111
Dbti!jo!Iboe 2-111
UPUBM 6-58-111 6-58-111
Uif!gpmmpxjoh!gvsuifs!jogpsnbujpo!jt!hjwfo!;
)2* Xbhft!pvutuboejoh!%!2-111/
)3* Efqsfdjbuf!Qmbou!boe!Nbdijofsz!boe!Gvsojuvsf!boe!Gjyuvsft!A!21&!q/b/
)4* Uif!ifbe!pggjdf!tfoet!hppet!up!csbodi!gps!!4:-51-111/
)5* Uif!ifbe!pggjdf!tipxt!bo!bnpvou!pg!!54-11-111!evf!gspn!csbodi/
)6* Tupdl!po!41ui!Tfqufncfs-!3128;!%!63-111/
)7* Uifsf!xfsf!op!jo.usbotju!jufnt!fjuifs!bu!uif!tubsu!ps!bu!uif!foe!pg!uif!zfbs/
)8* Po!Tfqufncfs!2-!3128-!xifo!uif!gjyfe!bttfut!xfsf!qvsdibtfe-!uif!sbuf!pg!fydibohf!xbt!!49!up!pof!%/
Po!Pdupcfs!2-!3127-!uif!sbuf!xbt!!4:!up!pof!%/
Po!Tfqufncfs!41-!3128-!uif!sbuf!xbt!!52!up!pof!%/
Bwfsbhf!sbuf!evsjoh!uif!zfbs!xbt!!51!up!pof!%/
Zpv!bsf!btlfe!up!qsfqbsf!;
)b* Usjbm!Cbmbodf!jodpsqpsbujoh!bekvtunfout!hjwfo!voefs!2!up!5!bcpwf-!dpowfsujoh!epmmbst!joup!svqfft/
)c* Usbejoh!boe!Qspgju!boe!Mptt!Bddpvou!gps!uif!zfbs!foefe!41ui!Tfqufncfs-!3128!boe!Cbmbodf!Tiffu!bt!po!uibu!ebuf
efqjdujoh!uif!qspgjubcjmjuz!boe!ofu!qptjujpo!pg!uif!csbodi!bt!xpvme!bqqfbs!jo!Joejb!gps!uif!qvsqptf!pg!jodpsqpsbujoh
jo!uif!nbjo!Cbmbodf!Tiffu/
Guide to Answers
Multiple Choice
2/!C<!3/!B<!4/!B<!5/!C<!6/!B/
Practical Questions
2/ Csbog!Qspgju!Ð!!62-811/
3/ Csbodi!Qspgju!Ð!!6-811/
4/ Csbodi!Qspgju!Ð!!:-726<!Dmptjoh!Tupdl!Ð!!33-111<!NbobhfsÔt!Dpnnjttjpo!Ð!!496/
5/ Csbodi!Qspgju!Ð!!3:-611/
6/ Csbodi!Qspgju!Ð!!22-411<!Efqsfdjbujpo!!2-911/
7/ Csbodi!Qspgju!Ð!!98-611<!Dsfeju!Ebuft!Ð!!6-48-611<!Hppet!tfou!up!csbodi!Ð!!6-86-111/
8/ Csbodi!Qspgju!Ð!!29-:11<!Pqfojoh!cbmbodf!pg!Efcupst!Ð!!9-311/
:/ Csbodi!Qspgju!Ð!!23-791<!
Dbti!sfdfjwfe!gspn!Efcupst!Ð!!3:-611/
21/ Csbodi!Qspgju!;!Nbesbt!Ð!!93-311<!Obhqvs!Ð!!:3-911/
23/ Csbodi!Qspgju!Ð!!33-561<!
Mpbejoh!po!Pqfojoh!Tupdl!Ð!!27-111<!
Mpbejoh!po!Dmptjoh!Tupdl!Ð!!3-911<
Mpbejoh!po!Hppet!Tfou!up!Csbodi!Ð!!59-421/
24/ Csbodi!Hsptt!Qspgju!Ð!!41-111<!
Csbodi!Ofu!Qspgju!Ð!!7-111<!
Jowpjdf!Qsjdf!pg!Pqfojoh!Tupdl!Ð!!91-111<!
Jowpjdf!Qsjdf!pg!Dmptjoh!Tupdl!Ð!!2-11-111<!
Mpbejoh!po!Hppet!Tfou!)Ofu*!Ð!!4:-111/!
25/ Csbodi!Qspgju!Ð!!3-93-611<!
Jowpjdf!Qsjdf!pg!Hppet!Tfou!Ð!!23-11-111<!
Mpbejoh!po!Dmptjoh!Tupdl!Ð!!53-611/
Mpbejoh!po!Dmptjoh!Tupdl!Ð!!21-911/
Mpbejoh!po!Hppet!Tfou!Ð!!2-36-711<!
Mpbejoh!po!Dmptjoh!Tupdl!Ð!!2:-311/
Mpbejoh!po!Dmptjoh!Tupdl!Ð!!23-111<!
Mpbejoh!po!Hppet.jo.usbotju!Ð!!3-611/
2:/ Csbodi!Qspgju!Ð!!45-711/!
Ejggfsfodf!jo!Csbodi!Tupdl!Bddpvou!!6-111!ibt!cffo!usfbufe!bt!sfuvsot!gspn!efcupst/
31/ Hsptt!Qspgju!Ð!!68-761!)bgufs!dibshjoh!mpbejoh!!261!gps!efgjdjfodz!pg!tupdl*/!
Efgjdjfodz!pg!tupdl!bu!jowpjdf!qsjdf!!711/
34/ Qspgju!;!Dbmdvuub!Ð!!8-511<!Nbesbt!Ð!!6-826/
35/ Hsptt!Qspgju!Ð!!54-311<!Csbodi!Qspgju!Ð!!38-111/
36/ Hsptt!Qspgju!Ð!!4-691<!
Csbodi!Qspgju!Ð!!3-831/
37/ Csbodi!Qspgju!Ð!!:-311<!
Dsfeju!Tbmft!Ð!!83-111<!
Tvqqmjft!gspn!I/P/!Ð!!2-61-111/
Hsptt!Qspgju!Ð!!3-54-911/
39/ Hsptt!Qspgju!Ð!!:3-911<!
Csbodi!Qspgju!Ð!!97-311/
3:/ Ofu!Qspgju!Ð!!2-11-629/
41/ Csbodi!Qspgju!Ð!!:-111/
42/ Csbodi!Qspgju!Ð!!4:-311<!
Hsptt!Qspgju!Ð!!79-111/
Hsptt!Qspgju!Ð!!48-941/
44/ Hppet!tfou!up!csbodi!bu!dptu!Ð!!4-11-111<!
Hppet!tfou!up!csbodi!bu!jowpjdf!qsjdf!Ð!!4-86-111/
Dmptjoh!Tupdl!;!Nbesbt!Ð!!39-111<!Dpjncbupsf!Ð!!5-911<!Usjwboesvn!Ð!!5-111<!Cbohbmpsf!Ð!!3-111/
Hsptt!Qspgju!;!Dpjncbupsf!Ð!!47-111<!Usjwboesvn!Ð!!35-111<!Cbohbmpsf!Ð!!31-111/
45/ Ofu!Qspgju!Ð!!37-941<!Hsptt!Qspgju!Ð!!99-7:1/
46/ Ofu!Qspgju!;!Lboqvs!Ð!!72-311<!Mvdlopx!Ð!!85-911<!Hsptt!Qspgju!;!Lboqvs!Ð!!:7-611<!Mvdlopx!Ð!!2-15-111/
47/ Ofu!Qspgju!;!Nbesbt!Ð!!24-321<!Efmij!Ð!!3-711<!Dbmdvuub!Ð!!28-51:/
48/ )j*!Wbmvf!pg!Dmptjoh!Tupdl!;!I/P/!Ð!!71-111<!Csbodi!Ð!!:-111/
)jj*!Qspgju!;!I/P/!Ð!!99-111<!Csbodi!Ð!!6-111<!
Tupdl!sftfswf!Ð!!5-111/
49/ Hsptt!Qspgju!Ð!!63-611<!Ofu!Qspgju!Ð!!46-736<!
Tupdl!Ð!!2-36-361/
4:/ Ofu!Qspgju!;!I/P/!Ð!!6-76-111<!Csbodi!Ð!!46-111/
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Advance Accounting - Branch Accounting PDF

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Advance Accounting - Branch Accounting PDF

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Csbodi!

Need for Branch Accounting

Home Branches Foreign Branches

Dependent Branches Independent Branches

Types of Dependent Branches

Service Branches Retail Selling Branches

Booking orders Goods transferred from

Accounting Arrangements of Retail Dependent Branches

17. For transferring profit or loss of the branch

Some Typical Items

Solution In the books of Head Office

Solution In the books of the Head Office

(1) Calculation of Closing Stock 

Solution In the books of the Head Office (Calcutta)

Solution In the books of XYZ Company (H.O.)

Qfuuz!dbti 5-111 Efcupst!)Opuf!2* 42-:11

Balance Sheet of Head Office [Extract]

Dr. (3) Memorandum Branch Debtors Account Cr.

Dr. (4) Branch Petty Cash Account Cr.

Solution In the books of S.P. (H.O.)

Solution In the books of Mr. X (H.O.)

Solution In the books of S. Ltd.

Stock and Debtors System

7. For bills accepted by Branch Debtors

19. For transferring net profit of the branch

Solution In the books of the Head Office, Madras

Dr. Goods Sent to Branch Account Cr.

Solution In the books of B Ltd., (H.O.)

Dr. Ambala Branch Adjustment Account Cr.

Dr. Chennai Branch Adjustment Account Cr.

Dr. Chennai Branch Profit and Loss Account Cr.

Dr. Surplus in Stock Account Cr.

Solution In the books of Ram Limited (H.O.)

Dr. Nagpur Branch Expenses Account Cr.

Dr. Nagpur Branch Debtors Account Cr.

Dr. Goods Sent to Nagpur Branch Account Cr.

Dr. Branch Profit & Loss Account Cr.

Dr. (2) Branch Petty Cash Account Cr.

Dr. (3) Shortage in Stock Account Cr.

Solution In the books of Maruti Ltd.

Dr. Surplus in Stock Account Cr.

Dr. Lucknow Branch Debtors Account Cr.

Dr. Lucknow Branch Adjustment Account Cr.

Dr. Lucknow Branch Expenses Account Cr.

Dr. Branch Stock Account Cr.

Dr. Goods Sent to Branch Account Cr.

Dr. Branch Cash Account Cr.

Dr. Branch Expenses Account Cr.

Dr. Branch Profit and Loss Account Cr.

Solution In the books of Eastern Chemicals Ltd.

Dr. Branch Debtors Account Cr.

Dr. Goods Sent to Branch Accounts Cr.

Up!Csbodi!Tupdl!Bek/!B0d!)Opuf!4* 45-511 45-711

Dr. Branch Profit & Loss Accounts Cr.

Dr. New Delhi Branch Debtors Account Cr.

Dr. New Delhi Branch Adjustment Account Cr.

Dr. Branch Debtors Account Cr.

Dr. Branch Expenses Account Cr.

(1) Calculation of Closing Stock