WAEC Accounting 2024 Objective — Question 48
Question 48 of 50 from the West African Examinations Council (WAEC) Accounting 2024 Objective paper, with the correct answer and a full explanation.
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Where the head office maintains all books of account, the cost of goods returned to branch is credited to
- A. Goods Sent to Branch AccountCorrect
- B. Branch Stock Account
- C. Branch Head Office Current Account
- D. Branch Debtors Account
Explanation
Since the head office keeps the accounts, goods returned by the branch are deducted from (credited to) the Goods Sent to Branch account.
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