Use the information to answer the question given.

\(\begin{array}{c|c} \text{Branch stock account (at selling price)} & D346,000 - debit \\ \text{Branch mark-up account} & D62,000 - credit \end{array}\)

Calculate the stock figure to be included in the balance sheet at the year end

  • A D408,000
  • B D346,000
  • C D284,000
  • D D62,000

The correct answer is C. D284,000

No explanation given
Previous question Next question