Use the information below to Answer questions 46 and 47.
Among Limited invoiced goods at a cost of N10,000 to its Ikeja branch at a marginal of 20%. The branch later returned goods worth N1,200 at invoice price to the head office.
The profit marginal should be?

a

debit to goods sent to branch account

b

debit to branch stock adjustment account

c

credit to branch adjustment account

d

credit to branch stock adjustment account

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