In the head office ledger, the value of goods sent to the branch are____________
FINANCIAL
JAMB 2018
In the head office ledger, the value of goods sent to the branch are____________
- A. Debited to the branch current account
- B. Debited to the head office current account
- C. Credited to the head office current account
- D. Credited to the branch current account
Correct Answer: B. Debited to the head office current account
Explanation
Branch current account is maintained in the head office books to record all transactions between the head office and the branch.
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