Accounting WAEC

The entries necessary for recording profit loading on goods sent to branch are?

A. debit branch stock account, credit branch stock adjustment account
B. credit branch stock Adjustment account, debit goods, debit goods sent to branch account
C. debit goods sent to branch account, credit branch stock account
D. debit branch stock adjustment account, credit branch stock account

Correct Answer: Option B

B. credit branch stock Adjustment account, debit goods, debit goods sent to branch account

Sunday

Recent Posts

LSC 312 Theory Questions: Three Essential Library Departments and Their Functions

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

24 mins ago

LSC 312 Theory Questions: Essential Library Resources and Collection Development Importance

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

31 mins ago

LSC 111 Theory Questions: The Fundamental Objectives of Intellectual Property Rights

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

51 mins ago

LSC 111 Theory Questions: Essential Criteria for Developing an Information Society

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

59 mins ago

LSC 311 Theory Questions: National Information Infrastructure: Capabilities for Knowledge Accessibility

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

3 hours ago

LSC 311 Theory Questions: Key Concepts in Information Science: A Concise Exploration

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

3 hours ago