Multiple Choice
_________ represents goods sent by head office to the branch or by the branch to the head office but not received by other
A) Goods in transit
B) Cash in transit
C) Barter transit
D) None of these.
Correct Answer:

Verified
Correct Answer:
Verified
Q37: Increase in the amount of prepaid expenses
Q38: Collection from debtors would result in<br>A)Source of
Q39: Branches may be classified into<br>A)Account branches and
Q40: For depreciation on fixed assets, whose accounts
Q41: Transaction between branches are called_.<br>A)Inter? branch transactions<br>B)Branch
Q43: The price of goods sent by head
Q44: An example of cash flow from investing
Q45: Debtors system of keeping branch accounts are
Q46: The main reasons of keeping branch accounts<br>A)to
Q47: An independent branch<br>A)Receives the goods from the