The balance of the sales account is transferred to the tr...
The balance of the sales account is transferred to the trading account by
Debiting the profit and loss account
Debiting the trading account
Debiting the sales account
Crediting the profit and loss account
Crediting the sales account
Correct answer is C
No explanation has been provided for this answer.
Where partners maintain a fluctuating capital account, partners' share of profit is credited to ...
Musa merchants Trading and profit and Loss Account for the year ended Dec. 31st, 2003 Determine t...
Which of the following is credited to the consolidated revenue fund? ...
The objective of allocating all costs to producer is to? ...
Which of the following is the effect of a reduction in the provision for doubtful debts? ...
The expenses incurred in purchasing a vehicle is a ...
The health department of Banjul Local Government incurred the following expenditure in 2020: ...