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Mark-up on goods sent to branch are recorded in the books by crediting

Mark-up on goods sent to branch are recorded in the books by crediting
  • A.
    stock adjustment account; debiting branch stock account
  • B.
    goods sent to branch accounts; debiting branch stock account
  • C.
    bank stock account; debiting stock adjustment account
  • D.
    branch stock account; credit cash account
Correct Answer: Option C
Explanation