NECO Accounting 2023 Objective — Question 32
Question 32 of 50 from the National Examinations Council (NECO) Accounting 2023 Objective paper, with the correct answer and a full explanation.
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Which of the following items is apportioned on the basis of purchases in preparing departmental accounts? (a) selling and distribution expenses (b) lighting and cooling expenses (c) carriage inwards (d) carriage outwards
- A. selling and distribution expenses
- B. lighting and cooling expenses
- C. carriage inwardsCorrect
- D. carriage outwards
Explanation
Carriage inwards and other expenses on the purchase of goods are apportioned to departments based on the value of purchases of each department.
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