What will be journal entry of cost of goods sold.
Answer Posted / jitendra kumar mishra
CostP/L A/C dr
To cost of goods sold A/C
(being cost of goods sold transfered to costing p/l a/c)
| Is This Answer Correct ? | 17 Yes | 5 No |
Post New Answer View All Answers
Tell us do you have any idea about service tax or excise?
How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
what is the relationship between cost accounting financial accounting and managerial accounting?
What is the Full Procedure of Purchase ?
What do you mean by balancing of ledger account?
Please would you provide me with a defenition of Cycle count tolerance ? Thank you
Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00
What is tds and how it is calculated?
What is the acceptable accounting procedure when an error is detected in a general ledger account? Explain why such a procedure is followed?
What are the major components of country's trade account?
Tell me the stages of double entry system?
What is an accounting transaction?
What do u mean by press releases
I am a service man.I want to submit my income tax return by efilling.Anybody can help me to do the same with the information to submit the file?