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.
Which of the following is found in the general ledger? ...
The N6,000 subscription received is? ...
Which of the following is the effect of a reduction in the provision for doubtful debts? ...
........................1/7/2005............30/6/2006 Drawings......................................
The importance of bank statement is all except ...