App Logo

No.1 PSC Learning App

1M+ Downloads
Royalties based on production may be debited to _______ account

ATrading

BGeneral expenses

CProfit & Loss

DNone of the above

Answer:

A. Trading


Related Questions:

In a sole trader's Balance Sheet Assets are arranged in the order of :
Quantity of material to be ordered at one time is known as :
Which of the following accounts always shows a debit balance?
Floating assets are also called __________
A banker lien is called as ..................