Use the information to answer the question given. (begin{array}{c|c} text{Branch stock account (at selling price)}…

Use the information to answer the question given.
(begin{array}{c|c} text{Branch stock account (at selling price)} & D346,000 – debit \ text{Branch mark-up account} & D62,000 – credit end{array})
Calculate the stock figure to be included in the balance sheet at the year end
  • A.
    D408,000
  • B.
    D346,000
  • C.
    D284,000
  • D.
    D62,000
Correct Answer: Option C
Explanation
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