The accounting entries when goods are sold on credit at t...
The accounting entries when goods are sold on credit at the branch are debit
Branch Debtors Account; credit Sales Accounts
Branch Current Account; credit Head Office Current Account
Branch Debtors Account; credit Head Office Current Account
Head Office Current Account; credit Sales Accounts
Correct answer is B
No explanation has been provided for this answer.
A trader bought goods worth #16,000 and sold three-quarter of it for #20,000 The gross profit is ...
In trial balance, income and liabilities are ...
The balance of the sales account is transferred to the trading account by ...
State Bank collected a note for A-Makura Company. This collection, not yet recorded in AL-Makura'...
Debtors and credit sales for a period are D 120,00 and D 600,00 respectively. The debtor's payme...