Question 10

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

  • A.stock adjustment account debiting branch stock account
  • B.goods sent to branch account and debiting branch stock account
  • C.branchh stock account and debiting stock adjustment account
  • D.cash account and crediting branch stock account
  • E.branch stock account and crediting defalcations account
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1993
Question no.
#10
Type
Objective

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