bcom 2nd year contract and job costing Meaning & Definition of Contract Account The method of keeping accounts (by contractors) of the work done on contract is called ‘Contract Cost Method’ ie the accounts kept by the contractors in relation to finding the cost and profit and loss of the contract. The accounting procedure is … Read more
Bcom 2nd Year Operating cost notes Meaning of operating costs Many organizations do not produce goods, but rather provide some services. For example, railways, motor companies, tramways, waterways, gas and electricity companies, hospitals, hotels, post and telegraph departments do not produce goods but provide services. Most of the expenses in these institutions are of a permanent nature. The … Read more
Bcom 2nd year process costing notes pdf Download and learn easily Bcom with dreamlife24.com:-We are presenting you to this subjects notes, Bcom 2nd year process costing notes pdf bcom pdf Management Accounting, E-Commerce, Economics Laws, Principle of marketing, Auditing, Corporate Accounting, Public Finance, Fundamental of Enterperneurship, Income tax, Principal of Business Management, Cost Accounting, Company … Read more
bcom 2nd year reconciliation of cost and finance account Meaning and definition of cost solution description Under this method there is no need to reconcile the financial accounts of the cost accounts. But in the institutions where separate books are kept for accounting of cost and financial items, it is only natural to feel the need … Read more
Bcom 2nd year tendor price notes (Meaning & Definition of Tender Price) … Often a contractor would consider his estimated cost before starting the contract work. Producers often have to tell them the approximate price in order to receive orders from customers, which is added by adding some profit to the estimated cost. This is called tendering … Read more
Reconciliation of cost and finance accounts Meaning and definition of cost solution description Under this method there is no need to reconcile the financial accounts of the cost accounts. But in the institutions where separate books are kept for accounting of cost and financial items, it is only natural to feel the need to match them. … Read more