COSTING
This query is : Open
Querist : Anonymous
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?
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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