The profit of a branch is usually credited to the
...The profit of a branch is usually credited to the
Adjustment account
Head office sales
Head office goods account
Head office current account
Correct answer is C
No explanation has been provided for this answer.
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hline \t...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...
An ordinary share of ₦100 was issued at ₦80. The share was issued at ...
1/1/2010 31/12/2010 Creditors - #9,000 #9,800 Rent owing - #3,800 #2,500 Rates prepaid - #2,000 #...
Which of the following is an item of prime cost? ...
Credit purchases are always put at 150% of the total cash paid to suppliers Determine the c...
Which of the following serves the same purpose as a Trading Account? ...
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening debtors} & 40,000\\ \text{Opening creditor...
\text{Capital} & 12,700 & \text{Purchases} & 7,100 \\ \hline \text{Debtors} & 4,...