Goods sent by branch X to branch Y will be debited to ______
A) branch Y
B) branch X
C) head office
D) goods sent account
Correct Answer:
Verified
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
Q44: Depreciation on branch assets under debtors system
Q45: Stock reserve in relation to closing stock
Q46: Branch adjustment account is in the nature
Q47: Cash remitted by branch but not received
Q49: Under hire purchase system depreciation is charged:
A)on
Q50: Hirer charges depreciation on
A)hire purchase price
B)cash price
C)lower
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