WAEC Accounting 2023 Objective — Question 28
Question 28 of 50 from the West African Examinations Council (WAEC) Accounting 2023 Objective paper, with the correct answer and a full explanation.
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Memorandum branch account is prepared to determine
- A. credit sales.
- B. gross profit.Correct
- C. closing stock.
- D. opening stock.
Explanation
A memorandum branch account is prepared to determine the gross profit made by a branch.
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