WAEC Accounting 2012 Objective — Question 16
Question 16 of 50 from the West African Examinations Council (WAEC) Accounting 2012 Objective paper, with the correct answer and a full explanation.
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Branch Stock Account is used to determine the
- A. net value of goods sent to branchCorrect
- B. gross profit of the branch
- C. branch credit sales
- D. branch net profit or loss
Explanation
The branch stock account is used to determine the value of goods sent to branch by the head office.
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