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.
The accumulated fund of a non-trading concern can equally be referred to as? ...
Cash received from the subscribed shares is recorded by debting? ...
What was the bank balance at the end of the month? ...
The reward given to a debenture holder is called ...
An allowance given to a customer by a supplier for prompt payment is ...
Advertising expenses incurred on a product in a business organization should be charged to? ...
Cost of rent as an expense can be apportioned to all department on the basis of: ...