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When the factory cost of production has been ascertained, manufactured goods are transferred to trading...

Accounts - Principles of Accounts
JAMB 1999

When the factory cost of production has been ascertained, manufactured goods are transferred to trading account by?
  • A. debting manufacturing account and crediting trading acccount
  • B. crditing sales account and debtiting trading account
  • C. debiting sales account and crediting trading account
  • D. crediting manufacturing account and debiting trading account
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Correct Answer: Option D
Explanation
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