Multiple Choice
Under Debtors' system, credit sales are
A) Debited to Branch Account
B) Credited to Branch Account
C) Debited to Branch Debtors Account
D) None of the Above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: In case of inter-branch transactions, each branch<br>A)Opens
Q3: Fund flow refers to changes in<br>A)application<br>B)sources<br>C)both a.
Q4: The adjustment entry for goods in transit
Q5: While calculating cash flow from operating activities
Q6: Under stock and debtors system, which of
Q8: Which of the following is not an
Q9: ncrease in debtors causes _ in working
Q10: Which item comes under financing activities in
Q11: Cash flow statement is based on _
Q12: Branches not keeping full system of accounting