JAMB Accounting 2025 Objective — Question 23
Question 23 of 41 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2025 Objective paper, with the correct answer and a full explanation.
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The charges of placing commodities into a saleable condition should be charged to
- A. Trading account
- B. Profit & Loss a/cCorrect
- C. Balance Sheet
- D. None of the above
Explanation
This is like a packaging cost. It forms part of selling expenses and thus is charged to the profit and loss account.
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