When is the following entry passed in non-integrated system — Store ledger A/c Dr. To General ledger adjustment A/c

CS Executive · Cost and Management Accounting · PYQS · December 2014
When is the following entry passed in non-integrated system — Store ledger A/c Dr. To General ledger adjustment A/c
(A) Material purchased for a special job
(B) Materials purchased
(C) Materials returned from production department
(D) Job completed.

Answer & Explanation:

Correct Answer: Option (B)

Correct answer: (B) Materials purchased.

Topics: Cost Accounting Systems

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