Applied Cost Accounting MCQ: If the value of work certified less than 25% of contract price,profit to be credited to P&L is | Extra Education

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If the value of work certified less than 25% of contract price,profit to be credited to P&L is

Correct Answer: No profit is credited to P & L a/c

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Applied Cost Accounting MCQ: If the value of work certified less than 25% of contract price,profit to be credited to P&L is | Extra Education