Stock and debtors system is generally used when goods are sent to the branch at _____
A) cost price
B) invoice price
C) both
D) none
Correct Answer:
Verified
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
Q14: H.O. has sent goods on invoice price
Q15: The adjusting entry for difference between the
Q17: H.O. sent goods to branch at invoice
Q18: Goods sent by HO but not received
Q19: If the opening balance of debtors is
Q20: The system of keeping accounts generally adopted
Q21: Goods are supplied by the head office
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