MCQOPTIONS
 Saved Bookmarks
				| 1. | 
                                    The loss incurred on an incomplete contract is transferred to .account. | 
                            
| A. | Costing profit and loss account | 
| B. | profit and loss account | 
| C. | trading account | 
| D. | deferred to next year. | 
| Answer» C. trading account | |