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The correct entry to reflect the receipt of cash sent by a branch to a...

Accounts - Principles of Accounts
JAMB 2001
The correct entry to reflect the receipt of cash sent by a branch to a head office is?
  • A. debit cash and credit branch current account
  • B. debit branch, current account and credit cash
  • C. credit branch, debtors and debit cash
  • D. credit branch current account and debit branch debtors
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Correct Answer: Option A
Explanation
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