If goods are invoiced to the branch at cost and the invoice par value is…

Accounts - Principles of Accounts JAMB 1997

If goods are invoiced to the branch at cost and the invoice par value is N 2 000 with 5%discount rate, can remitted to the head office is

  • N2 100
  • N 200
  • N 1 900 checkmark
  • N 100

The correct answer is: C

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