Which of the following items are apportioned on the basis of purchases in preparing departmental...
FINANCIAL
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
Correct Answer: C. Carriage inwards
Explanation
Carriage inwards, discounts received are suggested basis of allocation for purchases.
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