Branch stock account is used to determine the
a
net value of goods sent to branch
b
gross profit of the branch
c
branch credit sales
d
branch net profit or loss
Explanation
Correct Option
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Babysaxo
6 years ago
Branch stock account is a practical means of controlling stock at branch. This account records the transactions in regard to the stock in the branch at invoice price. The debit side of this account records the inflow of stock into the branch and credit side records its outflow from the branch.
