In manufacturing account, depreciation of office machine ...
In manufacturing account, depreciation of office machine is charged to
Trading account
Appropriation account
Balance sheet
Profit and loss account
Correct answer is D
Profit and loss account: the depreciation of the office machine is considered as part of administrative expense which must be charged against the profit of the company
Use the following to answer the given question BALANCE SHEET: \(\begin{array}{c|c} & N &am...
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A business includes 50% mark-up on all its products. This would mean margin of ...