In the head office ledger, the value of goods sent to the branch are____________
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Correct Answer: Option B
Explanation:
Branch current account is maintained in the head office books to record all transactions between the head office and the branch. This account is debited with the following:
 i. Goods sent to branch
 ii. Expenses of the branch paid by the head office
 iii. Profit of the branch
Branch current account is maintained in the head office books to record all transactions between the head office and the branch. This account is debited with the following:
 i. Goods sent to branch
 ii. Expenses of the branch paid by the head office
 iii. Profit of the branch