Answer / bindu

cost accounting is an approach to evaluate overall costs
that are associated with conducting business. Purpose
behind this is to reduce costs whereever not required and
improve the profitability of the organization

Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From

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Expand-------TCSM

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