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Answer Posted / venky
cost account is the identifying ,recording and classifying
of which transaction relating to cost ,( means if any cost
like vareable,fixed and marginal ect). this recording of
costs helps to management decisions.
| Is This Answer Correct ? | 7 Yes | 4 No |
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We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
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