____________ account shows the shortage or surplus of stock.
A) branch adjustment
B) branch stock
C) goods sent to branch
D) branch p&l
Correct Answer:
Verified
Q6: All branch expenses such as rent, salary
Q7: Branch Trading & Profit & Loss A/c
Q8: The difference between goods sent by H.O.
Q9: The stock reserve for unrealised profit will
Q10: _ account is prepared to adjust the
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
Q15: In the absence of an agreement profit
Q16: In the absence of an agreement, Interest
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