Question

The profit element added
to the cost price while
sending goods to the branch
is called
​

Answer 1

In branch accounting, head office sends the goods to branch on the invoice price instead of cost price because with this, company can hide his profit margin from branch employees. In the invoice price, there are two prices will be included on is cost price and second is profit %.

follow me

Answer 2

Answer:

Stock and Debtors System of Accounting for Branch.