Question

2 The normal and abnormal stock of goods doesn't appear in branch account as
the closing stock is at the figure
A. Adjusted
B profit
C balance.
Dloss​

Answer 1

Answer:

option C

Explanation:

because is correct answer

Answer 2

BRANCH ACCOUNTING

The normal and abnormal stock of goods doesn't appear in branch account as (A) ADJUSTED

EXPLANATION :

* Branch accounting is useful in situations when there are a significant number of transactions and they occur often. This strategy aids the central office in maintaining effective branch management.

* The loading on the corresponding articles of goods pertaining to branch stock account is dealt with by the branch (stock) adjustment account.

* Branch stock account is created at invoice price. The difference between the two sides of this account indicates whether gross earnings or losses were made.