If goods were returned to branch by the customers, the co...
If goods were returned to branch by the customers, the correct posting for this transaction is to debit?
Branch debtor's account and credit head office account
Head office account and credit branch stock account
Branch stock account and credit branch debtors' account
Branch cash account and credit branch stock account
Correct answer is C
Debit branch stock account (stock have increased by what was returned) and credit branch debtors' account.
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