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From the following particulars prepare branch accounts showing the profit and or loss at the branch: Particulars Opening stock Goods sent to branch Cash sales

From the following particulars prepare branch accounts showing the profit and or loss at the branch: Particulars Opening stock Goods sent to branch Cash sales Expenses Amount 1,000 50,000 55,000 3,000 Closing stock could not be ascertained but it is known that the branch usually sells at cost plus 25%. The manager is entitled to a commission of 10% on the profit of the branch before charging such commissionimage text in transcribed

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