For finding the amount of sundry expenses paid by the branch, the following a/c should be prepared.
A) computer a/c
B) creditors
C) petty cash a/c
D) debtors
Correct Answer:
Verified
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%
Q7: HO sends goods to branch at invoice
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
Q13: Goods in transit are shown in the
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