Use the information below to answer question .
Prime cost………………N12 100
lighting………………..N10 000
Heating…………………N15 000
Factory overhead…………?
The production department share of factory overhead is 1/4 and 1/2 of lighting and heating respectively.
Interest on the drawings of partners is treated in the?
-
profit and loss appropriation account
- goodwill account
- profit and loss account
- trading account