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Wednesday, 01 April 2026
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A manufacturing account is drawn up by

A manufacturing account is drawn up by
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Firms providing personal services
  • B Firms engaged solely in buying and selling of goods
  • C Firms which makes and sell articles
  • D Non-trading organization
Correct Answer: Option C
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

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