Which of the following statement is correct about the hea...
Which of the following statement is correct about the head office current account and the branch current account?
Both always have debit balances
Both always have credit balances
The head office current account has a credit balance while the branch current account has a debit balance
The head office current account has a debit balance while the branch current account has a credit balance
Correct answer is D
No explanation has been provided for this answer.
An approach for discovering missing figures in incomplete records is the use of ...
The major objectives of departmental account is to ascertain the ...
The historical development of accounting reveals that it? ...
Sales ledger balances 01/06/12------ 9,000 30/06/12------------------------------------30,000 ...
Given: Sales.....................N4000 Light expenses............N2900 Rent.........................