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Where the head office maintains all books of account, the cost of goods returned is...

Accounts - Principles of Accounts
WAEC 2024

Where the head office maintains all books of account, the cost of goods returned is credited to

  • A. Goods Sent to Branch Account
  • B. Branch Stock Account.
  • C. Branch Head Office Current Account.
  • D. Branch Debtors Account  
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Correct Answer: Option A
Explanation

Since it is the head office that maintains accounts, all good returned will be deducted from cost of Goods sent to the branch.


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