WAEC Accounting 2023 Objective — Question 19
Question 19 of 50 from the West African Examinations Council (WAEC) Accounting 2023 Objective paper, with the correct answer and a full explanation.
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Carriage inwards on raw materials is recorded in the
- A. manufacturing account.Correct
- B. trading account.
- C. profit and loss account.
- D. balance sheet.
Explanation
Carriage inwards on raw materials must reflect in the cost of materials purchased, so it is treated in the manufacturing account.
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