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The accounting entries when goods are sold on credit at the branch are debit 

Accounts - Principles of Accounts
WAEC 2017

The accounting entries when goods are sold on credit at the branch are debit 

  • A. Branch Debtors Account; credit Sales Accounts
  • B. Branch Current Account; credit Head Office Current Account
  • C. Branch Debtors Account; credit Head Office Current Account
  • D. Head Office Current Account; credit Sales Accounts
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Correct Answer: Option B
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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 offline past questions - with all answers and explanations in one app - Download for free
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