The following entry is recorded under Non-integrated system : Work in Progress Control A/c Dr. To General Ledger Adjustment A/c The transaction is :

CS Executive · Cost and Management Accounting · PYQS · December 2020
The following entry is recorded under Non-integrated system : Work in Progress Control A/c Dr. To General Ledger Adjustment A/c The transaction is :
(A) Materials Purchased
(B) Materials Purchased for a Special job
(C) Issue of direct materials to production department
(D) None of the above

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost Accounting System

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