8. (13) DK company has its Branch at Gorakhpur. Goods are invoiced to this Branch at 20% profit on invoice price. From the following details prepare Branch Account in the books of Head office showing Branch Profit : ₹ Goods Supplied to Branch at invoice price 38,000 Wages paid by Head office 1,520 Rent paid by Head office 1,800 Sundry Expenses paid by H.O. 200 Cash Sales 24,800 Cash received from Debtors 10,000 Credit Sales 11,200 Discount allowed to Customers 400 Goods Spoiled 100 Goods Returned by Customers 200
8. (13) DK company has its Branch at Gorakhpur. Goods are invoiced to this Branch at 20% profit on invoice price. From the following details prepare Branch Account in the books of Head office showing Branch Profit : ₹ Goods Supplied to Branch at invoice price 38,000 Wages paid by Head office 1,520 Rent paid by Head office 1,800 Sundry Expenses paid by H.O. 200 Cash Sales 24,800 Cash received from Debtors 10,000 Credit Sales 11,200 Discount allowed to Customers 400 Goods Spoiled 100 Goods Returned by Customers 200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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hi please solve this accounts question , please solve it fast , please make sure its correct . ignore the text written in other language not required
need in 45 mins
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