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Following are the particular of of Indore branch its head office is in gawlior prepare Indore branch account in the head office books Stock 1.4.2015=16000 Goods supplied to branch =50,000 Expenses paid by head office Insurance upto 31st July 2015=1,200 Rent paid from 1.4.2015 to 30.6.2016=1,500 Wages1.2.2016 to 30.4.2016=2,100 Cash remitted to head office=65,000 Closing stock 31.3.2016 =5,000?
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Following are the particular of of Indore branch its head office is in...
Indore Branch Account in Head Office Books



  • Stock as on April 1, 2015 = 16,000

  • Goods supplied to branch = 50,000

  • Expenses paid by head office:


    • Insurance up to July 31, 2015 = 1,200

    • Rent paid from April 1, 2015 to June 30, 2016 = 1,500

    • Wages from February 1, 2016 to April 30, 2016 = 2,100


  • Cash remitted to head office = 65,000

  • Closing stock as on March 31, 2016 = 5,000



Explanation


The Indore branch has a stock of 16,000 as on April 1, 2015. During the year, goods worth 50,000 were supplied to the branch by the head office. The head office also paid for some of the expenses of the branch, including insurance up to July 31, 2015, rent from April 1, 2015, to June 30, 2016, and wages from February 1, 2016, to April 30, 2016. The branch has remitted 65,000 in cash to the head office.

As on March 31, 2016, the closing stock at the Indore branch was 5,000. This information is important for the head office to prepare the branch account in its books. The branch account will show the transactions between the head office and the branch, including the opening stock, goods supplied to the branch, expenses paid by the head office, cash remitted to the head office, and closing stock. By preparing the branch account in its books, the head office can keep track of the financial performance of the Indore branch.
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Following are the particular of of Indore branch its head office is in...
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Following are the particular of of Indore branch its head office is in gawlior prepare Indore branch account in the head office books Stock 1.4.2015=16000 Goods supplied to branch =50,000 Expenses paid by head office Insurance upto 31st July 2015=1,200 Rent paid from 1.4.2015 to 30.6.2016=1,500 Wages1.2.2016 to 30.4.2016=2,100 Cash remitted to head office=65,000 Closing stock 31.3.2016 =5,000?
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Following are the particular of of Indore branch its head office is in gawlior prepare Indore branch account in the head office books Stock 1.4.2015=16000 Goods supplied to branch =50,000 Expenses paid by head office Insurance upto 31st July 2015=1,200 Rent paid from 1.4.2015 to 30.6.2016=1,500 Wages1.2.2016 to 30.4.2016=2,100 Cash remitted to head office=65,000 Closing stock 31.3.2016 =5,000? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Following are the particular of of Indore branch its head office is in gawlior prepare Indore branch account in the head office books Stock 1.4.2015=16000 Goods supplied to branch =50,000 Expenses paid by head office Insurance upto 31st July 2015=1,200 Rent paid from 1.4.2015 to 30.6.2016=1,500 Wages1.2.2016 to 30.4.2016=2,100 Cash remitted to head office=65,000 Closing stock 31.3.2016 =5,000? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Following are the particular of of Indore branch its head office is in gawlior prepare Indore branch account in the head office books Stock 1.4.2015=16000 Goods supplied to branch =50,000 Expenses paid by head office Insurance upto 31st July 2015=1,200 Rent paid from 1.4.2015 to 30.6.2016=1,500 Wages1.2.2016 to 30.4.2016=2,100 Cash remitted to head office=65,000 Closing stock 31.3.2016 =5,000?.
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