Gross profit in the branch adjustment account is transferred to the branch____________ - SchoolNGR

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Gross profit in the branch adjustment account is transferred to the branch____________

Gross profit in the branch adjustment account is transferred to the branch____________

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Income and expenditure account
B Profit and loss account
C Receipt and payment account
D Trading account

Correct Answer: Option B

Explanation:
records profit on branch account

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