Goods are supplied by the head office to dependent branches are at:
A) Cost price
B) Invoice price
C) Market price
D) Cost or invoice price
Correct Answer:
Verified
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
Q6: The system of keeping accounts generally adopted
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
Q12: Usually dependent branch makes:
A)Cash sales only
B)Credit sales
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