JAMB Accounting 2012 Objective — Question 35
Question 35 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2012 Objective paper, with the correct answer and a full explanation.
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In the head office ledger, the value of goods sent to the branch are
- A. debited to the head office current account
- B. debited to the branch current account
- C. credited to the head office current account
- D. credited to the branch current accountCorrect
Explanation
In the head office ledger, the value of goods sent to the branch is credited to the branch current account.
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