Maharashtra State BoardHSC Commerce 12th Board Exam
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State Whether the Following Statement is True Or False. - Book Keeping and Accountancy

MCQ

State whether the following statement is True or False.

All direct expenses are debited to Trading account.

Options

  • True

  • False

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Solution

True

Explanation: All the expenses that are directly related to the production, transportation and manufacture of goods are known as direct expenses. All direct expenses are debited to the Trading Account.

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