In manufacturing account, depreciation of office machine is charged to

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Accounts - Principles of Accounts JAMB 2017

In manufacturing account, depreciation of office machine is charged to

  • trading account
  • appropriation account
  • balance street
  • profit and loss account checkmark

The correct answer is: D

Explanation

profit and loss account: the depreciation of the office machine is considered as part of administrative expense which must be charged against the profit of the company
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