Carriage inwards are
...Carriage inwards are
Credited to the trading account
Debited to the trading account
Credited to the profit account
Debited to the profit and loss account
Debited to the profit and loss appropriation account
Correct answer is B
No explanation has been provided for this answer.
Given: Direct material N2,500 Direct labour N5,000 Direct expenses N1,000 Overhead expenses N1,5...
The entries for credit sales at branch where the head office keeps all records are: Debit ...
In a manufacturing company, wages paid to operatives increase the value of ...
Which of the following items will appear in the Total Creditors Account? ...
Receipts and payments accounts is the summary of ...
Ant and Bee withdrew GH⊄ 14,000 and GH⊄ 10,000 respectively at 8% per annum from the partn...