A Calcutta Head Office has a branch at Nagpur. Goods are invoiced by the head office to

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A Calcutta Head Office has a branch at Nagpur. Goods are invoiced by the head office to the branch at cost plus 25%. From the following particulars, prepare the (1) Branch Stock Account, (2) Goods Sent to Branch Account, (3) Branch Stock Adjustment Account, (4) Branch Debtors Account, and (5) Branch Profit and Loss Account:

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Financial Accounting Volume II

ISBN: 9789387886230

4th Edition

Authors: Mohamed Hanif, Amitabha Mukherjee

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