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  5. Which of the followi...

Which of the following items are apportioned on the basis of purchases in preparing departmental...

Accounts - Principles of Accounts
WAEC 2023

Which of the following items are apportioned on the basis of purchases in preparing departmental accounts?

  • A. Lighting and cooling expenses
  • B. Carriage outwards
  • C. Carriage inwards
  • D. Selling and distribution expenses
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Correct Answer: Option C
Explanation

Carriage inwards, discounts received are suggested basis of allocation for purchases.

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Post UTME Past Questions Agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now