WAEC Accounting 2018 Objective — Question 46
Question 46 of 50 from the West African Examinations Council (WAEC) Accounting 2018 Objective paper, with the correct answer and a full explanation.
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Under the cost method in Branch Accounts, branch gross profit is disclosed in the
- A. goods sent to branch accountCorrect
- B. branch debtors account
- C. branch stock account
- D. branch adjustment account
Explanation
Under the cost method, branch gross profit appears within the goods sent to branch account.
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