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When cash is received from contractee which a/c should be credited.

A. Cash a/c

B. Contract a/c

C. Contractor a/c

D. Contractee a/c

Answer: Option D

Solution(By Examveda Team)

When cash is received from contractee Contractee a/c should be credited.

This Question Belongs to Commerce >> Costing

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Comments ( 1 )

  1. Prin Cess
    Prin Cess :
    5 years ago

    If he is giving the money then how is his a/c credited?

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