What is the correct entry in the head office books at the point of initial transfer of the goods?
Branch stock account would be credited with
Branch stock account would be debited with N12,000
Goods sent to branch account would be debited with N10,800
Goods sent to branch account would be credited with N12,000
The correct answer is: D
Explanation
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.