Cash stolen from branch-taking s is recorded in the Head ...
Cash stolen from branch-taking s is recorded in the Head Office books by debiting
Defalcations account and crediting branch stock acccount
Mark-up account and crediting branch stock account
Defalcations account and crediting profit and loss account
Cash account and crediting branch stock account
Branch stock account and crediting defalcations account
Correct answer is A
No explanation has been provided for this answer.
The bank charges levied on a current account holder is the charge on? ...
Balance as par overdraft of the cashbook is ₦4000 ,uncredited cheque is ₦2300, bank charges ₦3...
\(\begin{array}{c|c} \text{Cost of motor vehicle - 1\1\12} & ₦ 85,000 \\ \text{Residual value}...
The price paid for the purchase of a business is ...
Use the following information to answer the given question RECEIPTS AND PAYMENTS ACCOUNT: \(\b...
Which of the following items will not be entered in the adjusted cash book? ...
Which of the following is not prepared by a partnership? ...