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? By: Sunday|Published on: Dec 6|Categories: Accounting JAMB| 0 comments A. N4000 B. N6000 C. N10000 D. N8000 Correct Answer: Option D – N8000 Users Also Read These:The cost of goods returned by branch to head office…The two accounts that are normally opened in the…The correct entries to record goods transferred to…Goods sent to branch are recorded in the head…In the head office ledger; the value of goods sent…SEE ALSO The provision for bad debt stands at 10% of debtors. How much is to be charged to profit and loss account as provision for bad debt?