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The entries necessary for recording profit loading on goods sent to branch are

Accounts - Principles of Accounts
WAEC 2000

The entries necessary for recording profit loading on goods sent to branch are
  • A. debit branch stock account, credit branch stock adjustment account
  • B. credit branch stock Adjustment account, debit goods, debit goods sent to branch account
  • C. debit goods sent to branch account, credit branch stock account
  • D. debit branch stock adjustment account, credit branch stock account
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Correct Answer: Option B
Explanation
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