The branch store account in the head office serves as the branch?

Posted by Admin_Louis
Categories Jamb Accounting
Date January 24, 2021
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The head office of Emeka Stores maintains the financial accounts of all its branches. The branch store account in the head office serves as the branch?

A debtors’ account

B trading account

C expenses account

D cash account

Answer is D

Admin_Louis

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Maths SS1 3rd Term (E-learning)

Jamb Accounting

The branch store account in the head office serves as the branch?

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The movement of goods from head office to a branch is treated in the in the head office accounts as?

In reconciling the branch and head office accounts, remittance in transit in the branch books is treated as a?

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About Courses

Maths SS1 3rd Term (E-learning)

Jamb Accounting

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Like this:

The movement of goods from head office to a branch is treated in the in the head office accounts as?

In reconciling the branch and head office accounts, remittance in transit in the branch books is treated as a?

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