The cost method of charging goods to branch is used where?
FINANCIAL
JAMB 2011
The cost method of charging goods to branch is used where?
- A. branch stock adjustment account is in use
- B. the retention of branch trading account is in addition to the cost of goods sold
- C. goods are sent without invoice or any source documents
- D. goods are of a perishable nature on which a pre-determined price is inapplicable
Correct Answer: A. branch stock adjustment account is in use
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