Page 155 - Accountancy_F5
P. 155
In the books of satellite Ltd
Dr Branch inventory account Cr
Amount in Amount in
Particulars Particulars
TZS TZS
FOR ONLINE READING ONLY
Balance b/d (opening 7,200,000 Cash sales 30,284,000
inventory)
Goods sent to the 28,800,000 Accounts 8,196,000
branch receivable
Branch gross profit 8,880,000 Balance c/d 6,400,000
44,880,000 44,880,000
Balance b/d 6,400,000
Dr Goods sent to branch account Cr
Particulars TZS Particulars TZS
Transfer to the head office -
Income statement (trading Branch
account) LANGUAGE EDITING 28,800,000
28,800,000 Inventory
28,800,000 28,800,000
Dr Branch debtors account Cr
Particulars TZS Particulars TZS
Balance b/d (opening 2,000,000 Cash 7,696,000
inventory)
Branch inventory (Sales) 8,196,000 Balance c/d 2,500,000
10,196,000 10,196,000
Balance b/d 2,500,000
Student’s Book Form Five
142
23/06/2024 17:35
ACCOUNTANCY_DUMMY_23 JUNE.indd 142
ACCOUNTANCY_DUMMY_23 JUNE.indd 142 23/06/2024 17:35
