H.O. sent Rs 5000 as petty cash to branch during the year. Opening and closing balances of petty cash was Rs 1400 and Rs 400 respectively. Then petty expenses of the branch during the year will be ______
A) rs 5000
B) rs 6400
C) rs 4600
D) rs 6000
Correct Answer:
Verified
Q5: Goods are sent to branch at cost
Q6: HO sends goods to branch at 20%
Q7: HO sends goods to branch at invoice
Q8: For finding the amount of sundry expenses
Q9: If the opening balance of petty cash
Q11: Which of the following branches, taking into
Q12: Opening balance of debtors a/c is Rs
Q13: Goods in transit are shown in the
Q14: H.O. has sent goods on invoice price
Q15: The adjusting entry for difference between the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents