Which of the following account will be debited under the integrated accounting system when materials are purchased on credit —

CS Executive · Cost and Management Accounting · PYQS · June 2016
Which of the following account will be debited under the integrated accounting system when materials are purchased on credit —
(A) Purchases account
(B) Stores ledger control account
(C) Cost ledger control account
(D) None of the above.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost Accounting System

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic