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What is the correct entry in the head office books at the point of initial transfer of ...

What is the correct entry in the head office books at the point of initial transfer of the goods?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Branch stock account would be credited with
  • B Branch stock account would be debited with N12,000
  • C Goods sent to branch account would be debited with N10,800
  • D Goods sent to branch account would be credited with N12,000
Correct Answer: Option D
Explanation:

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