Question on: JAMB Accounting - 2021
Use the information below to answer the question
Gross profit b/d Less: Salaries and wages Electricity Depreciation Net profit c/d |
Dept A | Dept B ₦ 4,000 1,200 ? ? 1,600 4,000 |
Total |
It is the tradition of the organization to apportion expenses in the proportion 60%:40% for A and B respectively.
The depreciation to be charged to department B is
A
₦500
B
₦300
C
₦400
D
₦600
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Correct Option: C
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