Answer Posted / venkat
Cost Centre is a code created by a Company for its internal
Departments (ex: Sales Dept, Pur Dept, Marketing Dept,
Finance Dept) to debit expenses according to the User Dept.
Costcentre shows the expenses incurred by user dept for the
Financial period and helps in Checking of Costs.
Is This Answer Correct ? | 23 Yes | 3 No |
Post New Answer View All Answers
Who owns the general ledger?
Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
Can you name different branches of accounting?
What is dividend warrants?
how to record the full and final settlement of employee (salary payable,other payable,,....) when he leaves the company ? or how to pass the entry for that ?
What is the general entry for charge on bank overdraft
Capital secure should be shown in which side of the balance sheet?
Why we debit expenses and credit incomes ?
I have passed in SBI clerical exam 2009 , pls tell me what question will be asked for interview .pls mail it on my email id sawant.supriya51@gmail.com
what is the new rate of c.s.t in uttraklhand
what is the journal entry for gas connection taken by company for preparing tea and coffee.
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
What qualifications have you achieved?