My confusion is in attached profit and loss sheet is that Transport expense we are already taking in Cost of goods sold so again we will minus that cargo expense amount from gross profit ?
please help me.
23rd March 2014 From Qatar , Doha
please help me.
23rd March 2014 From Qatar , Doha
Smart Yousufzai
The sheet provided by you is Cost Statement for which your name is profit & loss statement.
The direct material + freight inward will be the prime cost Selling and administrative expenses will be added to this will come to prime cost and the difference between this and cost of proceeds will be the surplus.
Ramakant
26th March 2014 From India, Pune
The sheet provided by you is Cost Statement for which your name is profit & loss statement.
The direct material + freight inward will be the prime cost Selling and administrative expenses will be added to this will come to prime cost and the difference between this and cost of proceeds will be the surplus.
Ramakant
26th March 2014 From India, Pune
Cite.Co - is a repository of information and resources for business and professional growth. Register Here
Prime Sponsor: TALENTEDGE - Certification Courses from top institutes like IIM / XLRI direct to device (online digital learning)
Prime Sponsor: TALENTEDGE - Certification Courses from top institutes like IIM / XLRI direct to device (online digital learning)
Understanding Off Balance Sheet Accounting[1][1 ].2003 - Wiley.pdf
Daily Cash Sheet.xls
