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At the end of trading period, cost of goods sold is debited to the trading account ...
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 2013
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At the end of trading period, cost of goods sold is debited to the trading account while cost of services is debited to the
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Balance sheet
B
Manufacturing account
C
Tradding account
D
Profiy and loss account
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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Accounts - Principles of Accounts
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