Friday, October 24, 2014

Cost Accounting Recording System and Chart

If you want to do cost accounting recording system than following chart will be helpful for your Cost Accounting Recording System:
* Stores ledger control account
* Wages control account
cost accounting
* Factory overhead control account
* Office and administrative overhead control account
* Selling and distribution overhead control account
* Work-in progress ledger control account
* Finished goods ledger control account
* Cost of sales account
* Overhead adjustment account
* Costing profit and loss account
* Cost ledger control account/general ledger adjustment account