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What the branch adjustment account will be

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Reference no: EM132646305

Problem 1: K Stores in Cape town sends goods to its branch in Port Elizabeth at cost plus 50%. The branch sends goods to the branch at a selling price of R 260 000. The branch adjustment account will be:

a. Debited with R 86 667

b. Credited with R 86 667

c. Debited with R R173 333

d. Credited with R 173 333

Reference no: EM132646305

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