ACCOUNTING

JAMB 2007 - Question 11

Account 2007 JAMB Past Questions - Question 11: Goods worth N50 000 were sent at different times from head office to the branch during the year. By the end of the period, only N 40 000 worth of goods had arrived at the branch. Which of the following is correct about the treatment of this transaction?

Choose the most appropriate option for the gap .
Goods worth N50 000 were sent at different times from head office to the branch during the year. By the end of the period, only N 40 000 worth of goods had arrived at the branch. Which of the following is correct about the treatment of this transaction?
A:
B:
C:
D:
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Correct Answer

B

Explanation

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