Bombay Traders Ltd. sends goods to its Madras branch at cost plus 25%. The following particulars are

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Bombay Traders Ltd. sends goods to its Madras branch at cost plus 25%. The following particulars are available in respect of the branch for the year ended 31st March 2017:

Show Ledger Accounts in the Head Office books for:

(a) Branch Stock Account

(b) Goods Sent to Branch Account

(c) Branch Adjustment Account

(d) Branch Profit and Loss Account.

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Related Book For  book-img-for-question

Financial Accounting Volume II

ISBN: 9789387886230

4th Edition

Authors: Mohamed Hanif, Amitabha Mukherjee

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