What is the correct entry in the head office books at the point of initial trans...
Question
What is the correct entry in the head office books at the point of initial transfer of the goods?Options
A)
Branch stock account would be credited with
B)
Branch stock account would be debited with ₦12,000
C)
Goods sent to branch account would be debited with ₦10,800
D)
Goods sent to branch account would be credited with ₦12,000
The correct answer is D.
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