In a manufacturing concern, where will the current assets be shown?
Trading account
Profit and loss account
Manufacturing account
Balance sheet
In which account is the net profit of a manufacturing business calculated ?
What is the primary thing a manufacturer need to finish his goods?
Labour
Raw material
Expenses
Factory overheads
The cost to manufacture the goods produced in the financial year of the business is a function of:
Which type of records will a manufacturing business maintain?
Single
Double
Triple
No entry
Those expenses which cannot be directly linked with the product being manufactured is known as:
Direct expenses
Wages
Expenditure
Goods which are partially completed at the end of the financial year is:
Work in progress
Finished goods
Godown goods
Consignment goods
What do you call the people, who are actually engaged in the production of the finished goods?
Daily labours
Direct labour
Non labour
Wages is a:
Salary
Indirect expenses
Revenue
Direct expense
Manufacturing business create a special account, unlike retail or whole sale business do. What is the name of the account?
Real account