Head office sends goods to its branch at cost plus mark-u...
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
N4,000
N6,000
N10,000
N8,000
Correct answer is D
No explanation has been provided for this answer.
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