Goods returned to branch by customers is recorded in the ...
Goods returned to branch by customers is recorded in the head office books be debiting?
Bank account and crediting branch stock account
Goods sent to branch account and crediting branch debtors' account
Branch stock account and crediting branch debtors account
Branch debtors and credting cash accounts
Correct answer is C
By debiting branch stock account and crediting branch debtors account.
Given: Fixtures-#30,000 Debtors-#7,000 Stock- #8,000 Creditors-#3,000 Goodwill-#10,000 Deter...
The basis of accounting for public sector is ...
Clifford pays rent of N200 per month for premises, He paid N2,800 within the year. Compute the ...
Which of the following events increases a corporation's shareholders equity? ...
What is the capital at start? ...
Companies issue shares to the public in order to ...
"Financial statements do not a disclose all information users need to know about a firm" T...