The price of goods sent by head office to branch at a price higher than cost price is called
A) Actual price
B) Unloaded price
C) Invoice price
D) None of these
Correct Answer:
Verified
Q22: Under Debtors' system, credit sales are
A)Debited to
Q23: Branches may be classified into
A)Account branches and
Q24: Transaction between branches are called
A)Branch transaction
B)Inter branch
Q25: The main reasons of keeping branch accounts
A)to
Q26: Profit generated from the branch is transferred
Q28: Branches not keeping full system of accounting
Q29: Which of the following is source of
Q30: Which of the following is not source
Q31: Which of the following is not application
Q32: While calculating cash flow from operating activities
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