cost of normal waste of material under contact costing is debit to : 1)contra

cost of normal waste of material under contact costing is
debit to :
1)contract a/c
2) trading a/c
3) matrial a/c
4) profit and loss a/c

Question Posted / mathu

Answers were Sorted based on User's Feedback

cost of normal waste of material under contact costing is debit to : 1)contract a/c 2) trading a..

Answer / h.r. sreepada bhagi

1. Cost of normal waste is to be debited to the Contract A/c

Is This Answer Correct ?

5 Yes

1 No

cost of normal waste of material under contact costing is debit to : 1)contract a/c 2) trading a..

Answer / sandeep rao

PROFIT AND LOSS

Is This Answer Correct ?

1 Yes

3 No

More Accounting General Interview Questions

What does the abbreviation m mean in accounting?

Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

How you will treat purchase of phones & software CD's in Tally. what are the heads for both.

In which account does the unpresented cheque will get recorded?

What is a trial balance in accounting?

how we will make the invoice agt the material sold to other party with the VAT adjustment. Also please pass the journal entry of all process.

how to pass entry of petty cash in tally 7.2

what is consignment entry?

how to make monthly salary sheets.

what is difference between tax invoiced & retail invoice

what is enty of income tax paid by company.& what is group of income tax paid.

if we have taken Mobile phone for employees use ,can we taken as assests for the company ? then what is the deprecation rate ?

For more Accounting General Interview Questions Click Here