JAMB - Accounts Principles Of Accounts (2025 - No. 16)
In departmental accounts, rent is apportioned on the basis of
volume of sales
floor area occupied
purchases
number of personnel in each department
Explanation
In departmental accounting, expenses are apportioned to departments using a fair basis. Rent is usually apportioned based on the floor area occupied by each department, as space occupied reflects the benefit each department gains from the rent.
Comments (0)
