Q42
The expenses relating to a particular process is ________.
A.
debited to that process a/c
AnswerB.
credited to that process a/c
C.
debited to costing profit and loss a/c
D.
debited to profit and loss a/c
Answer: Option A
Solution
Answer: Option A
Solution:
The expenses relating to a particular process is debited to that process a/c. It is credited to Process A/c and calculated as a % on the input quantity.