How to Preapre Income V/S Expense statment of CFA. What are
the heads accounted on income part and expense parts. (
Fixed and variable Expense )
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Answer / prince
There are 2 parts in the statement of income v/s Expenses.
Left handed side we show Expenses Like Raw Material
Consume,Prime Cost,Factory Cost,Cost Of Production,Cost of
Godds Sold.Income cosider all type of sales,gain,Refunded
taxes etc.
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