Gross profit in the branch adjustment account is transfer...
Gross profit in the branch adjustment account is transferred to the branch____________
Income and expenditure account
Profit and loss account
Receipt and payment account
Trading account
Correct answer is B
Records profit on branch account
Which of the following is not one of the uses of a journal proper? To record ...
Which of the following transactions is posted to the nominal ledger? ...
One of the benefits of book-keeping records is that they? ...
Given: cash book item: Paid to suppliers N10,800 Expenses paid N6,900 Drawings made N900 Balanc...
Given: Sales #180,000 Stock 1/1 # 25,000 Purchases #110,000 Sales returns # 1000 Purchases re...
July 1 - Started business with #10,500 July 31- Paid Agromachinex #6,000 owing them The double ...