The cost method of charging goods to branch is used where...
The cost method of charging goods to branch is used where?
Branch stock adjustment account is in use
The retention of branch trading account is in addition to the cost of goods sold
Goods are sent without invoice or any source documents
Goods are of a perishable nature on which a pre-determined price is inapplicable
Correct answer is A
No explanation has been provided for this answer.
The balancing figure in the purchases ledger control account is? ...
Goods returned to the supplier is recorded in the accounts as: debit ...
N Direct material used--------...
Payment for shares in installments is done by means of ...
Which of the following relates to the essence of partnership? To ...
Share premium is classified in the balance sheet as ...
In a system of incomplete records, the opening capital is determined by preparing ...