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JAMB Principles of Accounts 2014 Question 35

Question 35

Departmental Accounts

In a departmental account, the expenses to be apportioned on the basis of turnover is

  1. A.carriage inwards.
  2. B.returns outwards.
  3. C.discount received.
  4. D.carriage outwards.
Show the answer and explanation

Answer: D (carriage outwards.)

Explanation

Carriage outwards is a cost of delivering sales, so it is shared according to each department's sales (turnover).