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ACCOUNT

JAMB 2023 - Question 27

Account 2023 JAMB Past Questions - Question 27: In manufacturing, depreciation of office machine is charged to

In manufacturing, depreciation of office machine is charged to

A: trading account

B: balance sheet

C: appropriation account

D: profit and loss account

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Correct Answer

Explanation

Depreciation of office machine equipment is an administration expenses. Administration expenses comprises of cost of accounting and secretarial work.