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Head office sends goods to its branch at cost plus mark-up of of 25%. A…

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
  • A.
    N4000
  • B.
    N6000
  • C.
    N10000
  • D.
    N8000
Correct Answer: Option D
Explanation