Multiple Choice
Under______ system branch profit or loss is ascertained by preparing branch accounts
A) Debtors
B) Stock and debtors
C) Wholesale
D) Final accounts
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: In cashbooks "C" means<br>A)Cash<br>B)Column<br>C)Credit<br>D)Contra
Q2: Which error does not affect the trial
Q4: Which of the following is an operating
Q5: Direct expenses are debited in the<br>A)Balance sheet<br>B)Trial
Q6: Errors cancelled by themselves are called<br>A)Compensating errors<br>B)Errors
Q7: The account to which the difference in
Q8: Rs 280 received from Roy is credited
Q9: Debt notice prepared by the purchase of
Q10: Goods sent to branch account is closed
Q11: Three column cashbook contains<br>A)Cash ,credit ,bank<br>B)Cash, discount,