The system of keeping accounts generally adopted by small size branches are:
A) Debtors system
B) Stock & Debtors system
C) Wholesale branch system
D) Final account system
Correct Answer:
Verified
Q1: In case of memorandum method when there
Q2: In accounting consignment, signifies
A)Goods forwarded from one
Q3: Goods sent on consignment should be debited
Q4: In the books of consignee the expenses
Q5: In the books of consignee the sale
Q7: Goods are supplied by the head office
Q8: Under debtors system which account is prepared
Q9: Under debtors system depreciation on fixed asset
Q10: Independent Branch meant when separate account are
Q11: Branch which does not maintain its own
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