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From the following details, write up the Stellenbosh Branch Account in the head office books. The branch sales are exclusively for cash. The goods sent
From the following details, write up the Stellenbosh Branch Account in the head office books. The branch sales are exclusively for cash. The goods sent to branch have been charged out at selling price which is cost plus 33.333 %. Ignore cents. Goods sent to branch less returns Wages and salaries paid cash remitted by branch Inventory 1 January 2007 Insurance paid Rent paid Inventory 30 June 2007 General expenses R 7 200 380 7 068 900 285 600 1 020 142
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