WAEC Accounting 2018 Objective — Question 28
Question 28 of 50 from the West African Examinations Council (WAEC) Accounting 2018 Objective paper, with the correct answer and a full explanation.
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In a manufacturing account, royalties paid is debited to the
- A. trading account
- B. profit and loss account
- C. manufacturing accountCorrect
- D. -
Explanation
Royalties paid (related to production) form part of the direct/prime cost, debited to the Manufacturing Account.
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