Cash stolen from branch-taking s is recorded in the Head ...
Cash stolen from branch-taking s is recorded in the Head Office books by debiting
Defalcations account and crediting branch stock acccount
Mark-up account and crediting branch stock account
Defalcations account and crediting profit and loss account
Cash account and crediting branch stock account
Branch stock account and crediting defalcations account
Correct answer is A
No explanation has been provided for this answer.
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