Mark-up on goods sent to branch offices are recorded in the books by creating

Accounts - Principles of Accounts WAEC 1993

Mark-up on goods sent to branch offices are recorded in the books by creating

  • stock adjustment account debiting branch stock account checkmark
  • goods sent to branch account and debiting branch stock account
  • branchh stock account and debiting stock adjustment account
  • cash account and crediting branch stock account
  • branch stock account and crediting defalcations account

The correct answer is: A

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