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In departmental accounting, when goods are sent from one department to another for sale the...

Accounts - Principles of Accounts
WAEC 2017

In departmental accounting, when goods are sent from one department to another for sale the transaction is treated as  

  • A. interdepartmental transfer
  • B. inter-departmental sales
  • C. intra-departmental purchases
  • D. intra-department sales
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Correct Answer: Option C
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free