Multiple Choice
The manufacturing account is prepared
A) To ascertain the profit or loss on the goods purchased
B) To ascertain the cost of manufactured goods
C) To show the sale proceeds from the goods produced during the year
D) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q55: The debit side discount column of three
Q56: All of the following are not considered
Q57: In case a trail balance does not
Q58: Every transaction has two aspects i.e., debit
Q59: Income is the output of excess or
Q61: The cash discount allowed to a debtor
Q62: A business firm is separate and distinct
Q63: Depreciation of fixed assets is an example
Q64: The underlying assumption that assumes that the
Q65: Rs. 5000 spent on replacement of worn