Which of the following is not ...
Which of the following is not charged to manufacturing account?
Raw materials
Factory wages
Direct expenses
Distribution expenses
Correct answer is D
Distribution expenses covers the cost of warehousing, transport, material handling and control of finished goods from the moment. It is not charged to manufacturing account.
In preparing the final accounts, the bad debt account is closed by a transfer to the ...
Trade creditors personal accounts are found in the ...
A trial balance is prepared to ...
Use the following information to answer the given question. \(\begin{array}{c|c} \text{Net prof...
A fixed cost is fixed only in relation to ...
A trader bought goods worth #16,000 and sold three-quarter of it for #20,000 The gross profit is ...
The petty cash account has an imprest of GH¢36,000 and a debit balance of GH¢10,000 at the...
Outstanding rent of N300 is paid by the proprietor. The effect on the balance sheet is that ...
Which of the following is debited to partner's current account? ...