JAMB - Accounts Principles Of Accounts (2025 - No. 33)
Which of the following is apportioned in proportion of the purchases of each department?
Carriage outwards
Selling commission
Bad debts
Discounts received
Explanation
Trading and profit or loss accounts are prepared for each department following normal procedures. Common expenses are apportioned, while discount received is apportioned based on each department’s purchases.
Comments (0)


