(Dependent

Branch enter Problem

Ho Sende to Branch at 20 % above

Cost .
goods
Branch has been
-

informed
-

to
-

can sell a
Credit a
make -

-
-

However Some sold by

Branch
,
goode w
at Discount of 10 % an
SP on Credit .

Opening stock (From Ho) = 75000 20

-

(a) -
= 15000

GSTB (ep) =
900 , 000

Local by
purchase
Branch an = 60000
Credit

Goods returned by - 50000

Branch
(st)

Date
return. 60000(sp)
Cash = 30000

Sales :

~
-

Cash Sales = 240000

CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05) Page | 76
 Credit Sale =
613500m

(it includes Discounted Sale

Whose to t
Cost was
Closing stock 201000 IP
(From Ho)
=

Local purchase
-

Closstoco
--

goode
dur
s
-

the
years
Goods returned by
Debtors
Direct to -00
HO
150
(normal SP)

Payment Creditors
to
=
⑳00
by ⑰
-

Opening Debtor = 105000

Closing Debtors =
90000-

Opng Case =
75000-

Close 25000 -
Card =

Bad-debts = 5000-

Br Tzep paid
.

by
CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05)
Branch = 12000
~Page | 76
 Br Exp .
Os = 6000
w
(not yet paid)
-

a) Case I = S& D method

method.
6) Case 2 = Debtors

1) Cases = Final At System (IP)

CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05) Page | 76
 m
ofMaterpote 20
,
Sp = 150

Cach Sale at IP (120) Credit

,
: 150
Sale
(SP)
Discounted = 150 - 10 % = 135
SP

② Total Credit Salen-613500

--
at Namal at Discounted
Sp SP
600000 13550

/at 150) (at 135)

Case1-Stock & Debtas method

Branch
(e) stock all

I
To
Byn)
Bal fold 60000
Ho 75000
Local By
15000 Br .
adjustm .
12000

TO GSTB 900 Br Cash (EP)

By
, 000 . 240000

To Br Creditors Br Debtors 600 , 000 (SP)

.
60000 By .

(SP) Dentes 13500 (D SP)

To Br Destes 60 , 000 By Br
.
. .

CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05)
To Br Cash 30000 By Br .
Par (Cost) 47500
Page | 77

(EP) Ad
(loading 90s
.

By Br .
;
Loading]To BradI Bald
By 204000

Local
5000

Branch
Adjustment (Margin) Ae

!
TO GSTB 10000 By Bal Old 12500

Loadingan returns By GSTB 150000

To Br Stock 12000 Br Stock 121500

By
.
.

To GSTB 10000 (120000 + 1500

To Br Stock 9500
(B) To Br .
Pal 20850
To Bal Cd 34, 000
-
- -

-Goods
sent Branch (lost) to

I
--

420-100 To Br adjust . .
150000 By Br Stock .
900 , 000 ep

⑪ To Br Stock .
60000 By Br .

adjustm . 100001120-100)
Br Adjust 10000/150-100 %
⑨ To Br Debtry 30000 By . .
.

do
-

al
-

enters at

I
105000 By Br Stock 60000 .

To Bustock 600 , 000 B GsT 30000

Y
To Br Stock 13500 Baddebts 5000
.

By Br .

Br Cast 533500
By .

IBIF)
CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05)
/By Bald 90 000,
Page | 78
 Branch
her

I
Can . Stock 30 000
,

Br Cap 12000
To Br Stock 240 , 000
.
By . .

ToBVDebtors 533500 By Cash 781550

fremittance BA)
By Baldd00
-
-

-
Br Credita do
.

I
60 , 000
By Br Stock
.
I

To Baldd 10000

- -

- Expense As
.

I
-

To Baddebts 500
To Br Cash .
12000 By Br .
Pal 23000
To Br .

exp 600
payable
= -

.Pol

I
To Ab Loss . 47500 By Br .

adjust 208500
(shortage)
To Br .

Cap . 23000

CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05) Page | 79
To NP
8000 -
 #0x15 =

-
Debtor I W
HO

w
.

O Mustace/
Br Stock .

To Dabot Br .

NPSP
30000

57000 IP (100475
-X
120 IP 930
Load
. U7500 Cost
BU PE al Dr
.

BV 9500 loading
apDr Adj .

To BUStolk 57000
CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05) Page | 80
 Case 2 : -Debtor method
-

#make
Branch Al EP-Loading

!
To Bal Gid By BalGed
Stock (HO) 75000 SR 12500

Stock
(Locall 15000 GSTB
ByLoading
150000
Desofess 105000
Eash 75000
By 437B 60000

TO GSTB 900 , 000 GretunlgBr)

ByGT
30000
TO GSTB 10000
Debter
Cloading) directly)
To GSTB 10000
781500
By/remittance)
Cash
(loading)
To Cash 50000

Crediter Payme by Ho)

To NP 138000
(transfer to Gen .

Pal)
To Bal &d B Bal Cd
Y
SR 34000 Stock (Ho) 200000
Bucreditas 10000
/Local)
Stocke 75000
Br .
exp Os 6000 Debtess 90 , 000
Cast 25000
- -
-

CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05) Page | 81
 Case 3 : -
Final A
System
&Trading a Pal al
emwandum Br .

I
To op Stock Sales
By :-
.

Cart200
Ho 75000 20
Local 15000

To purchase 60, 000 Credit 613550 523500

To GSTB(net) 816000 1) return 60, 000
900000 IP If return 2000
-
60000 IP direct to Ho

-
24000 direct to Ho
IP

I
-

By Shortage 57 000
,

ToGP 103500 By Clos Stock

Ho 200000

=
Local #5000
-

GP

o
Shortage
To 57000
By 103500

To Br .

exp .
23000

To NP
-

CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05) Page | 82
 Calculation of SR
stocke
-

store

Ep values 75000 2040 00

Loading
zo
Debtra-
⑮non =
un
Sp
Branch- > HO Ef purchase
Retur
⑭

·
CA. JAI CHAWLA (FCA, M.COM, DISA, IFRS) (7887 7887 05) Page | 83