Home » Accounts (Principles of Accounts) » Where goods are invoiced by a firm its branch at cost-plus, the branch stock adjustment…Where goods are invoiced by a firm its branch at cost-plus, the branch stock adjustment… Where goods are invoiced by a firm its branch at cost-plus, the branch stock adjustment accounts is used to determine A. cost price B. branch profit C. selling price D. branch expenses Correct Answer: Option A Explanation Related Posts Calculate the profit or loss? Which of the following expenses relate to the profit and loss account of a manufacturing… Amin Ltd. Creditor Ledger Control Account (Extracts) Beginning control account Balance: Debit 32,000 Credit 61,000… Stock or raw materials(1st January) 3000 Direct wages 2500 Direct expenses 1000 Factory overheads 2000… When a share valued at 50k is issued at #1.59, it is said to be… Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total…
Amin Ltd. Creditor Ledger Control Account (Extracts) Beginning control account Balance: Debit 32,000 Credit 61,000…
Stock or raw materials(1st January) 3000 Direct wages 2500 Direct expenses 1000 Factory overheads 2000…