__________Account is prepared with a view to ascertain the gross profit of branch.
A) Branch account
B) Branch adjustment a/c
C) Branch expense a/c
D) None of these.
Correct Answer:
Verified
Q12: Debtors system of keeping branch accounts are
Q13: Branches may be classified into _.
A)Inland branches
Q14: Capital investments for the branches are made
Q15: Branches not keeping full system of accounting
Q16: It is a system of finding out
Q18: Transaction between branches are called_.
A)Inter? branch transactions
B)Branch
Q19: _ represents goods sent by head office
Q20: HO sends goods to branch at 20%
Q21: Under stock and debtors system, which of
Q22: Under Debtors' system, credit sales are
A)Debited to
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