XYZ Ltd. with its Head Office in Bengaluru has a Branch at Mysure. Goods are supplied to the Branch at cost. The expenses of the Branch are paid from Bengaluru and the Branch keeps a sales ledger and the Debtors ledger only. From the following information supplied by the Branch, prepare Branch Account and Branch Debtors Account in the books of Head Office. Stock at Branch on 1.4.2020 16,700 Goods sent to Branch during the year 48,600 Total sales at Branch 78,300 Cash Sales 19,300 Cash Received from Debtors 54,400 Petty Cash at Branch on 1.4.2020 220 Goods returned by the Branch 5,900 Cash sent to Branch for expenses: Salary 13,200 Petty Cash 2,600 Rent 3,200 19,000 Stock at Branch on 31.3.2021 20,800 Petty Cash at Branch on 31.3.2021 Debtors at Branch on 31.3.2021 200 18,300
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Explanation:
Because complex Boolean statements can get tricky to think about, we can create a truth table to break the complex statement into simple statements, and determine whether they are true or false. A table will help keep track of all the truth values of the simple statements that make up a complex statement, leading to an analysis of the full statement.
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XYZ Ltd. with its Head Office in Bengaluru has a Branch at Mysure. Goods are supplied to the Branch at cost. The expenses of the Branch are paid from Bengaluru and the Branch keeps a sales ledger and the Debtors ledger only. From the following information supplied by the Branch, prepare Branch Account and Branch Debtors Account in the books of Head Office. Stock at Branch on 1.4.2020 16,700 Goods sent to Branch during the year 48,600 Total sales at Branch 78,300 Cash Sales 19,300 Cash Received from Debtors 54,400 Petty Cash at Branch on 1.4.2020 220 Goods returned by the Branch 5,900 Cash sent to Branch for expenses: Salary 13,200 Petty Cash 2,600 Rent 3,200 19,000 Stock at Branch on 31.3.2021 20,800 Petty Cash at Branch on 31.3.2021 Debtors at Branch on 31.3.2021 200 18,300