Pearsons Enterprises, a manufacturer of Bed Sheets, has three Departments A, B and C. Department A processes Gray Cloth and transfers 100% production to Department B for further processing. Department B does Dyeing and Printing of Cloth received from Department A and transfers 100% production to Department further processing. Department C manufactures Bed Sheets from cloth received from Department B and sells the same into the market. The following information is provided: Particulars Department A (₹) Department B (₹) Department C (₹) Opening Stock 3,50,000 2,20,000 5,80,000 Consumption of Materials 7,20,000 7,60,000 - Wages 1,60,000 1,80,000 3,20,000 Closing Stock 4,30,000 2,80,000 10,20,000 Sales - - 26,40,000 No. of Employees 18 15 12 Floor space occupied by each department 10,000 Sq. ft. 8,000 sq. ft. 6,000 sq. ft. Value of machinery used (at cost) 12,00,000 15,00,000 6,00,000 Additional Information: Other Expenses were: Salaries to employees: ₹1,80,000 Rent Paid: ₹2,88,000 Depreciation on Machinery: ₹2,42,000 Interest on Loan: ₹1,02,000 Stock of Department A is transferred to Department B at cost plus 40% margin. Stock of Department B is transferred to Department C at cost plus 25% margin. Stock of each department is valued at cost to the respective department. Opening and closing stock of Department B and C comprises of 100% stock transferred from Department A and B respectively. You are required to prepare Departmental- Trading Account; Profit and Loss Account; and General Profit & Loss Account

Mr. Takewood keeps his books on single entry system. The following information of Mr. Takewood is given: Balances as on 1st April, 2022: Cash in Hand ₹4,000 Stock ₹35,000 Cash in Bank ₹28,000 Fixed Assets ₹20,000 Sundry Creditors ₹15,000 Sundry Debtors ₹23,000 Capital Account ₹95,000 During the year 2022-2023 Sundry Creditors were paid ₹26,000 in cash and ₹1,55,000 by cheque, and received ₹55,000 in cash and ₹1,90,000 by cheque from Sundry Debtors. All Sales and Purchases were on credit. Balances as on 31st March, 2023 were, Sundry Debtors ₹27,000 and Sundry Creditors 35,000. All expenses which are debited to profit and loss accounts were disbursed by cheques except petty expenses amounting to ₹7,500 paid in cash. Outstanding expenses as on 31st March 2023 were ₹2,000, Net Profit for the year was ₹41,000 after allowing 10% depreciation on fixed assets. Closing Stock was valued at ₹75,000. His Drawings during the year were ₹10,000 in cash and ₹14,000 by cheques. You are required to prepare Profit and Loss Account for the year ended 31st March 2023 and Balance Sheet as at that date.