Advance Accounting

Branch stock includes:
A) Cash
B) Inventory
C) Expense
D) Capital

Normal loss is:
A) Recorded separately
B) Ignored in valuation
C) Expense
D) Asset 💰📈📊

Abnormal loss is:
A) Ignored
B) Charged to P&L
C) Asset
D) Liability 🤔💭📝💬

In Fob shipping only shipping expenses will be paid by seller remaining at godown delivery will be paid by buyer .yes or no 🚫👌❓

Sewing department paid accured salary will effect
1-Decrease liability
2-increase liablities
3-Non

Goods sent are current asset.
Yes or no 💯🔥🚫

What is Fob shipping and Fob destination
Plz experts 💯✔️❓💗

Goods sent to other person for selling is a big tool for huge sales volume
True or false 💗🔥🚫💯✔️❓

Salary paid to office employee is part of also CGS
True or false ❓🔥🚫💯✔️

Reserve is:
A) Liability
B) Part of profit retained
C) Expense
D) Asset 💗💯🚫🔥💕

Revaluation loss is: A) Gain B) Expense C) Loss shared by old partners D) Ignored 🤔💭📊