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how would u audit a production department
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Answer / vijaya kumar
As per as Cost Audit, Efficiency,quality,less cost,improved
methodology is to be observed. So that Material, Labour,
Overhead, Stock of WIP,Finished goods are to be checked
also give your valuable qualification on the object
matters.
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A company paid Mr.R an advance payment of Rs 5000 as tour allowance. After the tour R, submitted travel bill with a expense of Rs3000. He return Rs 1000 and claimed to pay the rest 1000 on a future date. Please pass the journal entries.
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Audit 
