Home » Accounts (Principles of Accounts) » The gross loss on manufacturing is always transferred to the?The gross loss on manufacturing is always transferred to the? The gross loss on manufacturing is always transferred to the? A. credit side of balance sheet B. debit side of profit and loss account C. credit side of profit and loss account D. debit side of balance sheet Correct Answer: Option B Explanation Related Posts The directors’ salaries paid are items of? Use the information below to this question Cost of raw materials consumed 300,600 Carriage inwards… One of the purposes of maintaining the account of a branch at the head office… Use the following to answer the given question (begin{array}{c|c} & N \ hline sales &… A business operates on a mark-up of 25%. If cost of goods sold is N800,000…. A bond acknowledging a loan to a company under the company’s seal, bearing a fixed…
