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1. Calculate the branch profit (dependent branch) from the following information: 40,000 6,00,000 Opening balances: Branch furniture Branch stock Transaction during the year: Goods sent
1. Calculate the branch profit (dependent branch) from the following information: 40,000 6,00,000 Opening balances: Branch furniture Branch stock Transaction during the year: Goods sent to the branch Cheques sent to the branch for expenses Goods returned by the branch Remittances by the branch Closing balance Branch furniture Branch stock 12,00,000 50,000 20,000 13,85,000 35,000 6,50,000
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Fundamental Financial Accounting Concepts
Authors: Thomas P. Edmonds
11th Edition
1260786587, 9781260786583
