The system of keeping accounts generally adopted by small size branches are:

Related MCQs

• Which of the following branches, taking into consideration the scope of authority and responsibility, prepares its own independent final accounts?
• Goods are supplied by the head office to dependent branches are at:
• All the transactions measurable in the terms of money are recorded in accounts is according to
• Current accounts of the partners should be opened when the capitals are:
• In case of retirement of a partner full good will is credited to the accounts of:
• Which of the following accounts can be transferred to capital redemption reserve account?
• Stock and debtors system is generally used when goods are sent to the branch at _____
• Small items like, pencils, pens, files, etc. are written off within a year according to ___ concept.
• Under the stock and debtor system, Branch A/c is treated as ______
• Under debtors system which account is prepared by head office to calculate profit or loss of each branch: