A business organization prepares departmental account in ...
A business organization prepares departmental account in order to
Ascertain the contribution of each department to the organization
Ascertain interdepartmental transfer
Build other branches
Know the number of departments in the organization
Correct answer is A
The main objectives of departmental accounting are: To check out an interdepartmental performance. To evaluate the performance of the department with the previous period result. The gross profit of each department can be ascertained.
Expenditure incurred on consumables and goods for resale is? ...
Balance as per cashbook 2, 970 Bank Charges 220 Unpresented cheques 3,950 Uncredited cheques 4,17...
The simplest form of single entry procedure consists fo keeping a ...
In order to make the cash book balance equal to the bank statement, it is usual to add? ...
Use the following information to answer the given question: \(\begin{array}{c|c} & N \\ \hl...
In computing, external storage is called ...
At the end of a financial period, the trading profit and loss account of a sole trader shows...
When shares are issued at a discount, entries are to debit ...