A. firms providing personal services
B. firms engaged solely in buying and selling of goods
C. firms which make and sell articles
D. non-trading organization
Correct Answer: Option C
C. firms which make and sell articles
Explanation
The manufacturing account is an account in the general ledger which is used to accumulate all the manufacturing costs of goods completed by a business during an accounting period. It is used by firms involved in the production and sales of goods
300 Level Department of Insurance exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Insurance exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Insurance exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Insurance exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Insurance exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Insurance exam questions and detailed answers. Download the answers in document format.…