Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on Jul 03, 2024

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding Business Ethics

Authors: Peter A. Stanwick, Sarah D. Stanwick

3rd Edition

9781506303239

Students also viewed these Accounting questions

Question

=+27. Toxic waste. The Environmental Protection Agency took soil samples at 16 locations near a former industrial waste dump and checked each for evidence of toxic chemicals. They found no elevated...

Answered: 1 week ago

Question

★★★★★

New University plans to issue a $ 2,000,000 bond. The money is to buy equipment for its physics laboratories. The bond matures in 10 years, and requires semiannual interest payments. The stated...

Answered: 1 week ago

Question

★★★★★

use c++ to solve it, thank u! COMPUTER PROJECT Solutions to the following problems should consist of program codes, computed results, and short write-ups. In the write-up, discuss the results you...

Answered: 1 week ago

Question

★★★★★

UNICEF reports, "The global under-five mortality rate declined by 60 per cent, from 93 deaths per 1,000 live births in 1990 to 37 in 2020." "Under five mortality" is the rate of deaths among children...

Answered: 1 week ago

Question

★★★★★

A lab orders a number of chemicals from the same supplier, with a lead time two weeks. The assistant manager of the lab must determine how much of one of these chemicals to order. Usage of the...

Answered: 1 week ago

Question

★★★★★

Spec, Inc.s stock is expected to generate a dividend and terminal value one year from now of P57.00.The stock has a beta of 1.3, the risk-free interest rate is 6 percent, and the expected return...

Answered: 1 week ago

Question

★★★★★

1. Honda is planning to introduce new electric car in 2 years. Describe your role in detail as Procurement and Purchasing Manager of Honda to ensure this product will be ready to launch in two years....

Answered: 1 week ago

Question

★★★★★

The production records of Prince Company for the month of June shows the following: Total Manufacturing Cost Variance P 3,840 U Rate Variance 8,710 F Total material cost variance 2,975 U Total Labor...

Answered: 1 week ago

Question

★★★★★

Based on the facts, what is the primary ethical issue in this case? Who are the stakeholders? What changes could have been made to impact the outcome of this fraud? Research recent developments in...

Answered: 1 week ago

Previous Question Next Question