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Querist : Anonymous

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Querist : Anonymous (Querist)
24 January 2011 DEAR EXPERT,

I WORKING IN A TRANSPORT AND LOGISTICS COMPANY AS AN ACCOUNTANT.CEO HAS ASKED ME TO PREPARE A COSTSHEET. HE WANTED TO KNOW THAT WE HAVE EARNED PROFIT OR NOT?

HOW I CAN PROCEED?

24 January 2011 First you preapre trial blance. Based on the nature of expenses you grouped under the head direct cost and indirect cost. Interest and other finance charges will not come under cost sheet.



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