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Mark-up on goods sent to branch are recorded in the books by crediting

Mark-up on goods sent to branch are recorded in the books by crediting
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Stock adjustment account; debiting branch stock account
  • B Goods sent to branch accounts; debiting branch stock account
  • C Bank stock account; debiting stock adjustment account
  • D Branch stock account; credit cash account
Correct Answer: Option C
Explanation:

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