i and ii only
i, ii and iii
ii and iii only
iii only
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not a subsidiary book?
Sales journal
Cash book
Purchases ledger
General journal
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not part of cost of production?
Direct material cost
Direct wages
Factory overheads
Administrative overheads
Correct answer is D
No explanation has been provided for this answer.
Mark-up on goods sent to branch are recorded in the books by crediting
Stock adjustment account; debiting branch stock account
Goods sent to branch accounts; debiting branch stock account
Bank stock account; debiting stock adjustment account
Branch stock account; credit cash account
Correct answer is C
No explanation has been provided for this answer.
Payment for shares in installments is done by means of
Calls
Circulars
Subscription
Invitation
Correct answer is A
No explanation has been provided for this answer.