One of the objective of maintaining the account of a bran...
One of the objective of maintaining the account of a branch at the head office is to
To access the performance of the branches
Check the excesses of customers
Record charges in shareholdings
Record charges in liabilities
Correct answer is A
Branch account enables control to be exercised by management over the affairs of the branch.
Where fixed capital account is maintained, partners Share of profit is transferred to the ...
The partnership deed normally specifies? ...
The mark-up on a product is 2/3. The margin is ...
Given: Additional capital Capital Closing capital Net profit ₦...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...
\(\begin{array}{c|c} & ₦ \\ \hline \text{Net profit} & 60,000\\ \text{Total assets} & ...