The following balances were extracted from the books of Bala Ventures for the year ended 31st December 2023: You are required to prepare Departmental, Trading, Profit and Loss Account for the year ended 31st December 2023. (Note: Total Column is not required)

Here is the Departmental Trading, Profit and Loss Account for Bala Ventures for the year ended 31st December 2023.

First, we apportion the expenses based on the additional information:

1. Apportionment of Expenses

• Purchases Ratio: Electronics : Clothing = Le 300,000 : Le 200,000 = 3 : 2
• Sales Ratio: Electronics : Clothing = Le 600,000 : Le 400,000 = 3 : 2
• Floor Area Ratio: Electronics : Clothing = $\frac{3}{5}$ : $\frac{2}{5}$ = 3 : 2
• Equal Ratio: Electronics : Clothing = 1 : 1

Expense	Total (Le)	Basis	Electronics (Le)	Clothing (Le)
Carriage inwards	1,500	Purchases (3:2)	$1,500 \times \frac{3}{5} = 900$	$1,500 \times \frac{2}{5} = 600$
Discounts received	2,500	Purchases (3:2)	$2,500 \times \frac{3}{5} = 1,500$	$2,500 \times \frac{2}{5} = 1,000$
Carriage outwards	10,250	Sales (3:2)	$10,250 \times \frac{3}{5} = 6,150$	$10,250 \times \frac{2}{5} = 4,100$
Advertising	8,400	Sales (3:2)	$8,400 \times \frac{3}{5} = 5,040$	$8,400 \times \frac{2}{5} = 3,360$
Selling expenses	12,000	Sales (3:2)	$12,000 \times \frac{3}{5} = 7,200$	$12,000 \times \frac{2}{5} = 4,800$
Discounts allowed	4,300	Sales (3:2)	$4,300 \times \frac{3}{5} = 2,580$	$4,300 \times \frac{2}{5} = 1,720$
Electricity	45,000	Floor Area (3:2)	$45,000 \times \frac{3}{5} = 27,000$	$45,000 \times \frac{2}{5} = 18,000$
Cleaning	60,000	Floor Area (3:2)	$60,000 \times \frac{3}{5} = 36,000$	$60,000 \times \frac{2}{5} = 24,000$
Salaries	23,000	Equal (1:1)	$23,000 \times \frac{1}{2} = 11,500$	$23,000 \times \frac{1}{2} = 11,500$
Rates	14,200	Equal (1:1)	$14,200 \times \frac{1}{2} = 7,100$	$14,200 \times \frac{1}{2} = 7,100$
Repairs	7,320	Equal (1:1)	$7,320 \times \frac{1}{2} = 3,660$	$7,320 \times \frac{1}{2} = 3,660$
Sundry expenses	16,800	Equal (1:1)	$16,800 \times \frac{1}{2} = 8,400$	$16,800 \times \frac{1}{2} = 8,400$
Stationery	25,820	Equal (1:1)	$25,820 \times \frac{1}{2} = 12,910$	$25,820 \times \frac{1}{2} = 12,910$

2. Departmental Trading, Profit and Loss Account

$$\begin{array}{|l|r|r|} \hline \textbf{Departmental Trading, Profit and Loss Account} & \textbf{Electronics (Le)} & \textbf{Clothing (Le)} \\ \textbf{for the year ended 31st December 2023} & & \\ \hline \textbf{Trading Account} & & \\ \text{Opening Stock (1st Jan 2023)} & 30,000 & 25,000 \\ \text{Purchases} & 300,000 & 200,000 \\ \text{Carriage Inwards} & 900 & 600 \\ \text{Cost of Goods Available for Sale} & \textbf{330,900} & \textbf{225,600} \\ \text{Less: Closing Stock (31st Dec 2023)} & (18,000) & (12,000) \\ \text{Cost of Goods Sold} & \textbf{312,900} & \textbf{213,600} \\ & & \\ \text{Sales} & 600,000 & 400,000 \\ \text{Gross Profit c/d} & \textbf{287,100} & \textbf{186,400} \\ \hline \textbf{Total} & \textbf{600,000} & \textbf{400,000} \\ \hline & & \\ \textbf{Profit and Loss Account} & & \\ \text{Gross Profit b/d} & 287,100 & 186,400 \\ \text{Add: Discounts Received} & 1,500 & 1,000 \\ \text{Total Income} & \textbf{288,600} & \textbf{187,400} \\ & & \\ \text{Less: Expenses} & & \\ \text{Carriage Outwards} & 6,150 & 4,100 \\ \text{Advertising} & 5,040 & 3,360 \\ \text{Selling Expenses} & 7,200 & 4,800 \\ \text{Discounts Allowed} & 2,580 & 1,720 \\ \text{Electricity} & 27,000 & 18,000 \\ \text{Cleaning} & 36,000 & 24,000 \\ \text{Salaries} & 11,500 & 11,500 \\ \text{Rates} & 7,100 & 7,100 \\ \text{Repairs} & 3,660 & 3,660 \\ \text{Sundry Expenses} & 8,400 & 8,400 \\ \text{Stationery} & 12,910 & 12,910 \\ \text{Total Expenses} & \textbf{127,540} & \textbf{99,550} \\ & & \\ \text{Net Profit} & \boxed{\textbf{161,060}} & \boxed{\textbf{87,850}} \\ \hline \textbf{Total} & \textbf{288,600} & \textbf{187,400} \\ \hline \end{array}$$