Vidyalelo
Commerce · Q158

Costing

Graduate and Post Graduate · Commerce · question 158

Q158

If any by-product is produced and sold it is credited to ________.

A.
profit and loss a/c
B.
by-product a/c
C.
process a/c
Answer
D.
abnormal gain a/c

Answer: Option C

Solution

Answer: Option C
Solution:
If any by-product is produced and sold it is credited to process a/c.