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

Accounts - Principles of Accounts WAEC 2008

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

  • stock adjustment account; debiting branch stock account
  • goods sent to branch accounts; debiting branch stock account
  • bank stock account; debiting stock adjustment account checkmark
  • branch stock account; credit cash account

The correct answer is: C

Explanation

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