In reconciling the branch and head office accounts, remittance in transit in the branch books is treated as a_____________ Posted on:
Ade retires and the remaining partners decide to take Ade’s share in the existing r atio. What is the new ratio? Posted on:
If the purchase price exceeds the net assets of a company, the excess amount is debited to________________ Posted on:
Use the information below to answer the question If at 31/1/95 the following information was ascertained Posted on:
When goodwill is not retained in the business, the entries in the new partners books will be to debit______________ Posted on:
The amount called in respect of a share but not paid before or on the date fixed for payment is referred to as: Posted on:
