Given that 1 3 of the N6000 stock held by a bra... - JAMB Accounting 2002 Question
Given that 1/3 of the N6000 stock held by a branch is purchased from outsiders. If goods are invoiced to branch at 25% on cost, the provision for unrealized profit is?
A
N1000.00
B
N333.33
C
N666.66
D
N800.00
correct option: d
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