WAEC Financial Accounting 2014 Question 23

Question 23

Manufacturing Accounts

Which of the following is not an administrative expenses in a manufacturing organization?

  1. A.Discounts allowed
  2. B.Office electricity
  3. C.Stationery
  4. D.Insurance.
Show the answer and explanation

Answer: A (Discounts allowed)

Explanation

Discounts allowed are a selling (finance) expense, not an administrative one.