Q169
Work uncertified is ________.
A.
debited to contract a/c
B.
credited to contract a/c
AnswerC.
debited to contractor a/c
D.
debited to profit and loss a/c
Answer: Option B
Solution
Answer: Option B
Solution:
Work uncertified is credited to contract a/c. The cost of work uncertified represents the cost of work which has already been. completed, but for that the contractor has not received completion certificate from the contractee's surveyor or architect.