The following information have been extracted from the cost records of a manufacturing company: StoresOpening balance - 9,000Purchases -…

Stores Ledger Control A/c Particulars (₹) Particulars (₹) To Balance b/d 9,000 By Work in Process 48,000 To General Ledger Adjustment A/c 48,000 By Overhead Control A/c 6,000 To Work in Process A/c 24,000 By Overhead Control A/c (Deficiency) 1,800* By Balance c/d 25,200 81,000 81,000 *Deficiency assumed as normal (alternatively can be treated as abnormal loss) Work in Progress Control A/c Particulars (₹) Particulars (₹) To Balance b/d 18,000 By Stores Ledger Control a/c 24,000 To Stores Ledger Control A/c 48,000 By Costing P/L A/c (Balancing figures being Cost of finished goods) 1,20,000 To Wages Control A/c 18,000 By Balance c/d 12,000 To Overheads Control a/c 72,000 1,56,000 1,56,000 Overheads Control A/c Particulars (₹) Particulars (₹) To Stores Ledger Control A/c 6,000 By Work in Process A/c 72,000 To Stores Ledger Control A/c 1,800 By Balance c/d (Under absorption) 13,800 To Wages Control A/c 3,000 To Gen. Ledger Adjust. A/c 75,000 85,800 85,800 Costing Profit & Loss A/c Particulars (₹) Particulars (₹) To Work in progress 1,20,000 By Gen. ledger Adjust. A/c (Sales) (1,20,000 + 12,000) 1,32,000 To Gen. Ledger Adjust. A/c (Profit) 12,000 1,32,000 1,32,000