MCQOPTIONS
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| 1. |
Goods costing Rs.5,000 will be distributed as wages for Rs.5,000. Marketnprice is Rs.6,000. Journal entry is _______ |
| A. | Wages A/c Dr. 6000 To salary A/c 6000 |
| B. | Wages A/c Dr. 6000 To salaries A/c 6000 |
| C. | Wages A/c Dr. 5000 To purchases A/c 5000 |
| D. | Wages A/c Dr. 6000 To purchases 6000 |
| Answer» D. Wages A/c Dr. 6000 To purchases 6000 | |