Which of the following is not part of cost of production?
Direct material cost
Direct wages
Factory overheads
Administrative overheads
Correct answer is D
No explanation has been provided for this answer.
Mark-up on goods sent to branch are recorded in the books by crediting
Stock adjustment account; debiting branch stock account
Goods sent to branch accounts; debiting branch stock account
Bank stock account; debiting stock adjustment account
Branch stock account; credit cash account
Correct answer is C
No explanation has been provided for this answer.
Payment for shares in installments is done by means of
Calls
Circulars
Subscription
Invitation
Correct answer is A
No explanation has been provided for this answer.
The class of shares to which payment of dividend depends on profit is
Forfeited shares
Ordinary shares
Bonus shares
Preference shares
Correct answer is B
No explanation has been provided for this answer.
Le 23,500
Le 18,500
Le 11,500
Le 13,000
Correct answer is B
No explanation has been provided for this answer.