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what is the difference between chartered accounant and cost
accountant and which is the best course among two.
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Answer Posted / pradeep banduni
Chartered accountant is the person who have knowledge of
Financial Mangement & part of cost accounting, who finalise
the balance sheet of the company his certification is given
by ICAI. Cost accountant is the person who have knowledge
of Costing & cost centers, he is very much familiar with
ascertainment of cost of perticular unit. mostly cost
accountant are used in manufacturing units.
extract is CA is far better than Cost Accountant.
| Is This Answer Correct ? | 21 Yes | 17 No |
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Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
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