Carriage inwards on raw materials is recorded in the
...Carriage inwards on raw materials is recorded in the
Balance sheet
Profit and loss account
Trading account
Manufacturing account
Correct answer is D
Carriage inwards on raw materials is recorded in the manufacturing account. It is added to the opening stock of raw materials and purchase of raw materials.
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Given; Purchases = N20,000 Sales = N40,000 Carriage inwards = N5,000 Carriage outwards = N5,000 ...
Danladi Bako's Statement of Affairs as at 30/06/17 ₦ ...
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