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    Financial Accounting
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    Exam 50: Accounting Arrangements and Operations for Branches
  5. Question
    It Is a System of Finding Out the Profit Made
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It Is a System of Finding Out the Profit Made

Question 57

Question 57

Multiple Choice

It is a system of finding out the profit made by a head office at a branch by preparing an account called_______.


A) Profit &loss a/c
B) Trading a/c
C) Branch a/c
D) None of these.

Correct Answer:

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