A. N20 000
B. N30, 000
C. N40 000
D. N50,000

Correct Answer:

Option C – N40 000

SEE ALSO  Head office sends goods to its branch at cost plus mark-up of of 25%. A debit of N40,000 to the branch stock account in the head office books will indicate that the head office has sent goods with a profit of?

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