Gross profit in the branch adjustment account is transferred to the branch?

Similar Questions

Opening stock ₦ Department A B 100 800 ...

Ali ant Baba are in partnership sharing profits and losses if the ratio of 3 : 2 respectively. Net p...

A plant which costs N1,000 and has a residual value of N125 is depreciated at 20% per annum. Using t...

One of the the differences between bookkeeping and accounting is that the former ...

\(\begin{array}{c|c} & \text{Dr GH¢} & \text{Cr GH¢} \\ \hline Advertising & 3...

Which of the following is an example of direct expense? ...

Use the following information to answer the question \(\begin{array}{c|c} \text{prepared} &...

\(\begin{array}{c|c} & N \\ \hline \text{Opening stock:} & \\ \text{- raw materials} & 6,500 \\ \tex...

Kakaku limited with three departments has a total of N7,200,000 as net debtors for the year ended 31...

Which of the following is used before the appropriation bill is approved? ...