Question

Match the Pairs:

Column 'A'	Column 'B'
(1) General Ledger Adjustment A/c	(a) Credited with Cost of Goods Sold
(2) Finished Goods Ledger Alc.	(b) Interlocking Accounts
(3) Wages Control A/c.	(c) Cost of all incomplete jobs at the end of period
(4) Cost Control Accounts	(d) Debited with the gross wages and salaries
(5) WIP Control Accounts	(e) General Ledger Control Alc.

Answer 1

Column 'A'	Column 'B'
(1) General Ledger Adjustment A/c	(e) General Ledger Control Alc.
(2) Finished Goods Ledger Alc.	(a) Credited with Cost of Goods Sold
(3) Wages Control A/c.	(d) Debited with the gross wages and salaries
(4) Cost Control Accounts	(b) Interlocking Accounts
(5) WIP Control Accounts	(c) Cost of all incomplete jobs at the end of period