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Boafo Limited has its Head Office in Accra and a branch in Cape Coast. All goods are either purchased or manufactured by the Head Office
Boafo Limited has its Head Office in Accra and a branch in Cape Coast. All goods are either purchased or manufactured by the Head Office and sent to the branch at 25% markup. Sales by the Branch are either on cash or credit basis. The Branch Manager maintains the branch's own Sales Ledger as well as Cash book and all other accounting records are kept by the Head Office. The following balances relating to the branch were extracted from Head Officer Ledger at the end of the year ending 31/12/2018. Anv difference on the Stock Account should he reoarded as ahnormal loss. Boafo Limited has its Head Office in Accra and a branch in Cape Coast. All goods are either purchased or manufactured by the Head Office and sent to the branch at 25% markup. Sales by the Branch are either on cash or credit basis. The Branch Manager maintains the branch's own Sales Ledger as well as Cash book and all other accounting records are kept by the Head Office. The following balances relating to the branch were extracted from Head Officer Ledger at the end of the year ending 31/12/2018. Anv difference on the Stock Account should he reoarded as ahnormal loss
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