For finding the amount of sundry expenses paid by the branch, the following a/c should be prepared.

Related MCQs

• If the opening balance of petty cash is Rs 1000, closing balance is Rs 500 and the petty cash received from HO is Rs 700, then what will be the amount of sundry expenses _____
• When Branch pays expenses for H.O. the following account is debited in the books of the branch _______
• H.O. sent Rs 5000 as petty cash to branch during the year. Opening and closing balances of petty cash was Rs 1400 and Rs 400 respectively. Then petty expenses of the branch during the year will be ______
• All branch expenses such as rent, salary are paid by H.O in case of:
• Goods are sent to branch at cost plus 20%. If closing stock of the branch is Rs 60,000 at invoice price, Rs ______ will be credited to stock reserve a/c.
• Under debtors system which account is prepared by head office to calculate profit or loss of each branch:
• In final account system, Branch Trading and Profit & Loss A/c is prepared at ________
• The Branch Account prepared under Final Account System is the nature of:
• Branch Trading & Profit & Loss A/c is prepared to incorporate all _____
• Which of the following reserves which can be utilised to make partly paid shares into fully paid up: