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Work uncertified is ________.

A. debited to contract a/c

B. credited to contract a/c

C. debited to contractor a/c

D. debited to profit and loss a/c

Answer: Option B

Solution(By Examveda Team)

Work uncertified is credited to contract a/c. The cost of work uncertified represents the cost of work which has already been. completed, but for that the contractor has not received completion certificate from the contractee's surveyor or architect.

This Question Belongs to Commerce >> Costing

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Comments ( 1 )

  1. Deepesh Mauja
    Deepesh Mauja :
    6 years ago

    How?

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