WAEC Accounting 2016 Objective — Question 39
Question 39 of 50 from the West African Examinations Council (WAEC) Accounting 2016 Objective paper, with the correct answer and a full explanation.
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39. The cost of goods returned by branch to head office is debited to A. Branch Stock Adjustment Account B. Goods sent to Branch Account C. Branch Stock Account D. Branch Profit and Loss Account
- A. Branch Stock Adjustment Account
- B. Goods sent to Branch AccountCorrect
- C. Branch Stock Account
- D. Branch Profit and Loss Account
Explanation
Goods returned to head office is treated as Dr Goods sent to branch A/c, Cr Branch stock A/c.
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