N Stock at branch 1st January at cost  400 Goods sent to branch at…

Accounts - Principles of Accounts JAMB 2018
   N

Stock at branch 1st January at cost 

 400

Goods sent to branch at cost

      8000

Returns to head office

             340           

Cash sales

 9160

Stock at branch 31st December at cost

 720

 

Use the information below to answer the question.

  Adex Ltd. Issues stock to its retail branches at cost price. The following particulars relate to Ede branch.

  • #1870
  • #1530
  • #1640
  • #1820 checkmark

The correct answer is: D

Explanation

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