WAEC Accounting 2017 Objective — Question 44
Question 44 of 50 from the West African Examinations Council (WAEC) Accounting 2017 Objective paper, with the correct answer and a full explanation.
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44. A branch that keeps its own records prepares the records of transactions with the head office in the
- A. A. Branch Current Account
- B. B. Branch Stock Account
- C. C. Head Office Current AccountCorrect
- D. D. Profit and Loss Account
Explanation
Head office current account is used to record the relationship of the branch with the head office in the case of independent department.
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