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The correct entries to record goods transferred to branch from head office is to debit?

Accounts - Principles of Accounts
JAMB 2011
The correct entries to record goods transferred to branch from head office is to debit?
  • A. branch stock account and credit goods sent to branch account
  • B. branch supplies account and credit branch stock account
  • C. branch stock account and credit purchases account
  • D. goods sent to branch account and credit branch stock account
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Correct Answer: Option A
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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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 and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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