HO sends goods to branch at invoice price after adding 25% on cost price, so profit would be ___ % of invoice price
A) 33.33%
B) 40%
C) 20%
D) 25%
Correct Answer:
Verified
Q2: Matching concept means
A)assets = capital + liabilities
B)transactions
Q3: When Branch pays expenses for H.O. the
Q4: Under the stock and debtor system, Branch
Q5: Goods are sent to branch at cost
Q6: HO sends goods to branch at 20%
Q8: For finding the amount of sundry expenses
Q9: If the opening balance of petty cash
Q10: H.O. sent Rs 5000 as petty cash
Q11: Which of the following branches, taking into
Q12: Opening balance of debtors a/c is Rs
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