When Branch assets a/c is kept in the books of H.O., the H.O. will debit following a/c for its depreciation-
A) Branch P & L A/c
B) Depreciation A/c
C) Branch A/c
D) None of the above
Correct Answer:
Verified
Q14: Branch Account under Debtor System is
A)Real Account
B)Personal
Q15: When goods are invoiced to Branch at
Q16: Goods sent by the Head Office to
Q17: Under the stock and debtor system, Branch
Q18: Goods are sent to branch at cost
Q20: Which of the following branches, taking into
Q21: If the opening balance of debtors is
Q22: Stock and debtors system is generally used
Q23: Branch stock account is a practical means
Q24: Wholesale prices are fixed above
A)Cost
B)Invoice price
C)Both a
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