Which of the following is mostly used in treating partners’ current earnings?

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Goods returned to branch by customers is recorded in the head office books be debiting?

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The branch expenses paid by the head office is recorded in the books by debiting branch?

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If goods were returned to branch by the customers, the correct posting for this transaction is to debit?

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How much is the net profit or loss of the company?

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The summary of receipts ans payments account represent?

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The equivalent of a club’s receipts and payment account is the?

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In the not-for-profit-making organization, the excess of income over expenditure is?

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The prime cost is the total of the?

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The depreciation on a motor vehicle that is being used for manufacturing and administration is charged to the?

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The gross loss on manufacturing is always transferred to the?

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Determine the net profit ?

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