Question

What is the correct entry in the head office books at the point of initial transfer of the goods?

Accepted Answer

Goods sent to branch account would be credited with ₦12,000

Answer

Branch stock account would be credited with

Answer

Branch stock account would be debited with ₦12,000

Answer

Goods sent to branch account would be debited with ₦10,800

What is the correct entry in the head office books at the point of initial transfer of the goods?