The correct entries to record goods transferred to branch from head office is to debit?

Accounts - Principles of Accounts JAMB 2011

The correct entries to record goods transferred to branch from head office is to debit?

  • branch stock account and credit goods sent to branch account checkmark
  • branch supplies account and credit branch stock account
  • branch stock account and credit purchases account
  • goods sent to branch account and credit branch stock account

The correct answer is: A

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.
Previous Question Next Question

Leave A Comment