One of the purposes of maintaining the account of a branc...
One of the purposes of maintaining the account of a branch at the head office is to?
Record charges in shareholdings
Record charges in liabilities
Check the excesses of customers
Check and monitor the growth of individual branches
Correct answer is D
The primary objectives of branch accounting are better accountability and control since profitability and efficiency can be closely tracked for individual locations.
Which of the following expresses the accounting equation? ...
OGOGO'S SALES LEDGER LEDGER CONTROL ACCOUNT \(\begin{array}{c|c} & D & & D \\ \...
Which of the following accounts are found in the nominal ledger? I. Advertising ll.Motor repairs ...
Offei, a petty trader sold goods for GH¢36,240. The gross profit being 3313% on co...
Opening stock Purchases Sales Closing Stocks ₦ 20,000 70,...