In manufacturing account, depreciation of office machine is charged to

Accounts - Principles of Accounts

JAMB 2017

A. trading account
B. appropriation account
C. balance street
D. profit and loss account

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Correct Answer: Option D

Explanation

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

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In manufacturing account, depreciation of office machine is charged to

Correct Answer: Option D

Explanation

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