Question on: JAMB Accounting - 1999
What is the correct entry in the head office books at the point of initial transfer of the goods?
A
Branch stock account would be credited with
B
Branch stock account would be debited with N12,000
C
Goods sent to branch account would be debited with N10,800
D
Goods sent to branch account would be credited with N12,000
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Correct Option: D
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