The cost of goods returned by branch to head office is debited

  • A Branch stock adjustment account
  • B Goods sent to branch account
  • C Branch stock account
  • D Branch profit and loss account
waec 2016accounting

The correct answer is C. Branch stock account

The head office will debit the particular branch asset (Branch Machinery, Branch Furniture, or Branch Building, branch stock account etc.) and credit Cash.

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