Question
‘Goods in transit’ sent from Head Office are shown
in the balance sheet at –ÂSolution
In Head Office–Branch accounting, when goods have been sent by the Head Office but have not yet been received by the Branch, they are treated as Goods in Transit. Where are they shown in the Balance Sheet? • They belong to the Head Office, because the goods are still with the Head Office until the Branch receives them. • Therefore, they are shown as an asset in the Head Office books under current assets.
Which of the following gases, when cooled and compressed, can change from a gas to a supercritical fluid state?Â
Consider the following statements regarding Jal Jeevan Mission.
1. It aims to provide piped drinking water to all rural households by 2024,
...Who among the following was/were hanged for killing British officers Walter Charles Randand Charles Ayerst in the year 1897?
Which country is famous for inventing the sandwich?
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The first Indian Institute of Technology (IIT) was established at
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