princehr067 princehr067
  • 01-05-2021
  • Business
contestada


Branch Adjustment account is in the nature of :
Real account
O Nominal account
Personal account
>
O None of these
​

Respuesta :

HumbertoFitzhugh HumbertoFitzhugh
  • 06-05-2021

Answer:

B. Nominal Account.

Explanation:

Branch accounting is a system of bookkeeping that uses a system of separate branch accounting. This branch is also known as the operating locations of an organization.

The account which uses branch adjustment accounting is a nominal account. The nominal account is the general ledger account that closes its account at the end of every year, using branch accounting.

Therefore, option B is correct.

Answer Link

Otras preguntas

What is the speed of a wave if the wavelength is 100 m and the frequency is 20 Hz?
SOMEONE HELP ME [20 POINTS]
If the total area of a picture measuring 10 inches by 12 inches plus a meeting of a uniform width surrounding the picture is 224 square inches, the width of the
What is the value of x to the nearest degree????
PLZZ HELP ME REAL QUICKKKK JUST NEED SOME FAST HELP I WILL REWARD FRFR Match each kind of figurative language from a poem with the same kind of figurative langu
Find the percent of increase from 350 to 470. Round to the nearest tenth of a recent if necessary. 25.5% 34.3% 74.5% 0.3%
Suppose f(x) =x^2. Find the graph of f(x+3)
Who is your favourite character from the story ' The Prince and the Pauper ' ? Why so ( 70 to 80 words ) ?
La___and el___are both basic parts of a dinner meal
6y-6y-12y=please help me