H.O. has sent goods on invoice price worth Rs 2,40,000 which are 25% above cost price. What is the loading element?

Related MCQs

• H.O. sent goods to branch at invoice price 50% plus on original price. How many percentage of profit will be on Invoice price?
• HO sends goods to branch at invoice price after adding 25% on cost price, so profit would be ___ % of invoice price
• 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.
• The adjusting entry for difference between the invoice price and cost price of goods are shown in ________
• HO sends goods to branch at 20% profit on invoice price, therefore the percentage of profit on cost comes to ______
• Goods sent by HO but not received by branch before the end of the year, by debiting it to goods in transit, which account should be credited?
• Stock and debtors system is generally used when goods are sent to the branch at _____
• The difference between goods sent by H.O. and received by branch is known as _______
• The Market price of good declined than the cost price. Then the concept that plays a key role is ____
• While putting the value or price of an entity in financial records the lowest price is recorded not the current price or current market value. This is known as