To record the transfer of stock from one department to another, the correct entry would...
FINANCIAL
JAMB 1999
To record the transfer of stock from one department to another, the correct entry would be to debit?
- A. goods outwards and credit goods inwards
- B. merchandise account and credit department stock account
- C. department transfering and credit department receivving
- D. department receiving and credit department transfering
Correct Answer: D. department receiving and credit department transfering
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