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Asad Departmental store has five departments named Grocery, Garments, Crockery, Toys and Cosmetics. The accountant of Asad Departmental Store Mr.Kashif allocates the

Income /expenses among different departments on different basis like obvious just ratio, specific/sales ratio etc. while some of the expenses are unallocable and divided among different departments with certain proportion.

Mr.kashif has resigned and new accountant Mr. Faisal has joined the store as accountant. Mr. Faisal is confused about the following four items as how to allocate them among different departments.  These items are:

Ø      Loss on shares invested

Ø      Air conditioning and heating

Ø      Profit on fixed deposits

Ø      Staff welfare Expense

Mr. Faisal has asked you for guidance. You being the student of accounting and finance are required to guide Mr.Faisal regarding the basis of allocation of these four expenses among different departments along with logical rationale.


Asad Departmental store has five departments named Grocery, Garments, Crockery, Toys and Cosmetics. The accountant of Asad Departmental Store Mr.Kashif allocates the

Income /expenses among different departments on different basis like obvious just ratio, specific/sales ratio etc. while some of the expenses are unallocable and divided among different departments with certain proportion.

Mr.kashif has resigned and new accountant Mr. Faisal has joined the store as accountant. Mr. Faisal is confused about the following four items as how to allocate them among different departments.  These items are:

Ø      Loss on shares invested

Ø      Air conditioning and heating

Ø      Profit on fixed deposits

Ø      Staff welfare Expense

Mr. Faisal has asked you for guidance. You being the student of accounting and finance are required to guide Mr.Faisal regarding the basis of allocation of these four expenses among different departments along with logical rationale.

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Replies to This Discussion

Plz discuss it today is the last day..

Plzzzz discuss about this GDB 

m not 100% sure, but may be this will help u people 

 Loss on shares invested

are shown in a general profit and loss account

 Air conditioning and heating –

AREA OCCUPIED

 Profit on fixed deposits

Profit on fixed deposits etc. All these types of expenses and incomes are shown in a general profit and loss account where profits or losses of each department are clubbed to ascertain the operating results of the business on the whole.

 Staff welfare Expense

NUMBER OF EMPLOYEES

Thanx but profit on fixed disposal and loss on share invested will be in Un-allocable accounts

han i abhi search kiya aur final kiya hai ye dono UN-ALLOCABBLE Main aye ga ,, 
and thanx u too for giving me same idea :) 

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