Cash stolen from branch-taking s is recorded in the Head Office books by debiting
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- A Defalcations account and crediting branch stock acccount
- B Mark-up account and crediting branch stock account
- C Defalcations account and crediting profit and loss account
- D Cash account and crediting branch stock account
- E Branch stock account and crediting defalcations account
Correct Answer: Option A
Explanation:
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