Accounting for People Who Think They Hate Accounting by Anurag Singal
Author:Anurag Singal [Anurag Singal]
Language: eng
Format: epub
Tags: Business
Publisher: Business Expert Press
Published: 2015-12-01T16:00:00+00:00
Revenue from operations
42,68,000
Sales
Other income
7
56,000
Rent + Transfer fees
Total revenue (A)
43,24,000
Includes all income as listed above
Expenses
Cost of material consumed
8
23,19,000
Purchases
Change in inventory of finished goods
9
(1,43,000)
Opening inventory - Closing inventory
Employee benefit expenses
10
9,00,000
Wages considered to be direct that is directly used for production
Finance cost
11
1,36,000
Interest on bank loans + debenture interest
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