HCM349-2020

Which of the following is not an inventory costing method? A FIFO B LIFO C Average cost method D LILA Answer is D

Use the information below to answer the question. Calculate the balance in the bank statement. ₦ Balance as per cashbook 13560 Unpresented cheques 5120 Dividend received 2000 Uncredited cheque 2300 Bank charges 280 Standing order 600 Balance as per bank …

To account for expenses paid by head office on behalf of the branch, the branch should___________ A Debit profit and loss account and credit head office account B Debit head office account and credit cash C Credit cash and debit …