WAEC Accounting 2013 Objective — Question 30
Question 30 of 50 from the West African Examinations Council (WAEC) Accounting 2013 Objective paper, with the correct answer and a full explanation.
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In departmental accounts, administrative expenses are recorded in the
- A. Trading Account
- B. Balance Sheet
- C. Profit and Loss AccountCorrect
- D. Profit and Loss Appropriation Account
Explanation
Administrative expenses is oar of general expenses that will be debited to the profit and loss account.
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