Goods returned to branch by customers is recorded in the ...
Goods returned to branch by customers is recorded in the head office books be debiting?
Bank account and crediting branch stock account
Goods sent to branch account and crediting branch debtors' account
Branch stock account and crediting branch debtors account
Branch debtors and credting cash accounts
Correct answer is C
By debiting branch stock account and crediting branch debtors account.
Accountant-general of the federation is responsible for ...
The stock turnover period is ...
Which of the following is an example of production overhead? ...
The normal accounting entry to record the dishonor of a businessman is to ...
The price paid by an acquiring company is ...
Processed data is only useful to user if it is ...
A fixed amount of money set aside for petty expenses is ...
Subscription in advance is treated in the balance sheet under ...