The depreciation on a motor vehicle that is being used for manufacturing and administration is charged to the?

  • A debit side of manufacturing and profit and loss account
  • B debit side of profit and loss account only
  • C credit side of profit and loss account only
  • D debit side of manufacturing and balance sheet
jamb 2010accounting

The correct answer is B. debit side of profit and loss account only

'The profit and loss account is used by manufacturing concerns to ascertain the cost of production at various stages.  A motor vehicle used by a manufacturing company would be depreciated to the debit side of  profit and loss account

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