Profit and Loss Account of Fashion Frills as on 26 November 2010

Particulars Amt. (Rs) Amt. (Rs) Particulars Amt. (Rs) Amt. (Rs)

Initial Raw material consumed : 432 Income from selling of girls' scarves 635

scarf Raw material 175 35 Rs. X 5 Qty. 175

Bangle Raw material 180 30 Rs. X 3 Qty. 90
Brooch raw material 77 20 Rs. X 1 Qty. 20
40 Rs. X 1 Qty. 40
Raw material requirements for orders : 177 55 Rs. X 1 Qty. 55
75 Rs. X 1 Qty. 75
scarf raw material 70 85 Rs. X 1 Qty. 85
Bangle Raw material 67 95 Rs. X 1 Qty. 95
Brooch raw material 40
Advance received from customers (scarves)
Waist coat cost : 1750
55 Rs. X 2 110 185
250 Rs. X 7 Qty. 1750 35 Rs. X 1 35
40 Rs. X 1 40
Rent paid for Furniture 10
Advertise Expense 25 Income from selling bangles 322
Miscellaneous Expense 60
15 Rs. X 11 Qty. 165
8 Rs. X 9 Qty. 72
Net Earnings 2112 20 Rs. X 3 Qty. 60
25 Rs. X 1 Qty. 25
 Advance received from customers (Bangles) 584

25 Rs. X 7 Qty. 175

20 Rs. X 5 Qty. 100
15 Rs. X 7 Qty. 105
8 Rs. X 13 Qty. 104

Income from waist coats 1850

Girls' waist coat - 300 Rs. X 1 Qty. 300

Girls' waist coat - 350 Rs. X 1 Qty. 350
Boys' waist coat - 400 Rs. X 3 Qty. 1200

Advance received from customers (waist coat) 600

Girls' waist coat - 300 Rs. X 2 Qty. 600

Income from selling of boys' scarf 50

25 Rs. X 2 Qty. 50

Advance received for Brooches 340

50 Rs. X 2 Qty. 100

70 Rs. X 2 Qty. 140
100 Rs. X 2 Qty. 100

4566 4566

Total sales 4566 sales of accessories 2112 sales of Waist coats 2450
less : Total Investment 2112 less : Investment for accessories 704 less : Investment for Waist coats 1750
Total Net earning 2454 earning from accessories 1412 earning from Waist coats 700