What account is salary outstanding
What account is salary outstanding? Is it real, personnel or nominal account
Describe distinguish between the term Financial Accounting and Cost Accounting?
Briefly describe Written down Value (or Reducing Balance) method to compute depreciation?
Under the assets side what types of items appear?
Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
Describe briefly the term idle time and also write down its effects?
Rusties Company recently implemented an activity-based costing system. At the beginning of the year, management made the following estimates of cost and activity in the company’s five activity cost pools: Activity Cost Pool Activity Measure Expected Overhead Cost Expected Activity Lab
As per Companies Act and Income Tax Act compare Depreciation?
What are the information do you require before you approve any invoice for payment?
Briefly explain the main stages for computing the total cost per unit under the absorption costing system.
Write down the various elements of costs?
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