Departmental Accounts | Problem Solving 7 | Letstute Accountancy

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Hello Friends,
Check out the Seventh problem solving session on Departmental Accounting of Financial Accounting.

In this session, we have solved a different type of sum from the 6 Questions that we solved earlier. Here,
We have 3 departments where we have to prepare only Departmental Trading Account.
We will understand:
1. Opening stock units with the help of units of sales, closing stock and purchases for department
A, B and C.
2. Calculation of Gross Profit Ratio for each department with the assumption of no opening and
closing stock
3. Calculation of cost per unit for purchase
4. Assuming that cost per unit is same.
Stay tuned with us for such more varieties of problem sums on Departmental Accounting.
Useful for the students of B.Com, BAF, CA - IPCC, CMA, CS and any other who wishes to learn accounts.

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Ur video is very useful. Please do some videos for types of depreciation with example sums

perarasujeyapal
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Mam i have a doubt...u said there is no opening or closing stock in the why do we take that purchase price to calculate opening and closing?....

poojatpooja
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👏👏👏Also-make video on Retail department (Memo Stock and memo markup Account)

sumansir
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Plzzzz make atleast one lecture for mark up account mam....

sagadevangg
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Can you please make video on branch accounting

shikha