Provision for unrealized profit with respect to stock when transfers are affected at transfer price is to be charged to
A) dept trading account
B) dept profit and loss account
C) either a or b
D) general profit and loss account
Correct Answer:
Verified
Q33: Bills payable honored during the year will
Q34: Cash paid to creditors can be calculated
Q35: Bills payable dishonored during g the year
Q36: Rent and rates are apportioned to different
Q37: The turn over ratio is used for
Q39: Branch account under debtors system is a
Q40: Branch account under stock and debtors system
Q41: When branch A sent goods to branch
Q42: Goods sent by the head office to
Q43: When a branch purchases fixed assets and
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