The stock reserve for unrealised profit will be ________ to the H.O profit & Loss A/C
A) debited
B) credited
C) first credited then debited
D) not shown
Correct Answer:
Verified
Q4: The Branch Account prepared under Final Account
Q5: Dependent branch makes:
A)cash sales only
B)credit sales only
C)cash
Q6: All branch expenses such as rent, salary
Q7: Branch Trading & Profit & Loss A/c
Q8: The difference between goods sent by H.O.
Q10: _ account is prepared to adjust the
Q11: _ account shows the shortage or surplus
Q12: The profit included in surplus or shortage
Q13: The balance of branch adjustment account is
Q14: An ordinary partnership business can have:
A)not more
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