WAEC Accounting 2012 Objective — Question 11
Question 11 of 50 from the West African Examinations Council (WAEC) Accounting 2012 Objective paper, with the correct answer and a full explanation.
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Which of the following is a Trading Account item?
- A. Discount allowed
- B. Discount received
- C. Carriage outwards
- D. Carriage inwardsCorrect
Explanation
Carriage inward will be added to purchases in the trading account.
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