Scribd Logo
Upload

Welcome to Scribd!

  • 28 views

    Cost Centre Management: Particulars DR CR

    Uploaded by

    Siddharth Infotech
    The document provides details of cost center management for a company including capital investments, assets, loans, creditors, debtors, employee salaries and costs incurred. It lists transactions during a period such as payments to suppliers and creditors, sales to customers, salaries paid to employees, depreciation, interest, expenses. The closing provides answers on opening balance, gross profit, net loss and balance sheet.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Cost Centre Management: Particulars DR CR

    Uploaded by

    Siddharth Infotech
    28 views5 pages
    The document provides details of cost center management for a company including capital investments, assets, loans, creditors, debtors, employee salaries and costs incurred. It lists transactions during a period such as payments to suppliers and creditors, sales to customers, salaries paid to employees, depreciation, interest, expenses. The closing provides answers on opening balance, gross profit, net loss and balance sheet.

    Original Description:

    Original Title

    COST CENTRE MANAGEMENT

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document provides details of cost center management for a company including capital investments, assets, loans, creditors, debtors, employee salaries and costs incurred. It lists transactions during a period such as payments to suppliers and creditors, sales to customers, salaries paid to employees, depreciation, interest, expenses. The closing provides answers on opening balance, gross profit, net loss and balance sheet.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    28 views5 pages

    Cost Centre Management: Particulars DR CR

    Uploaded by

    Siddharth Infotech
    The document provides details of cost center management for a company including capital investments, assets, loans, creditors, debtors, employee salaries and costs incurred. It lists transactions during a period such as payments to suppliers and creditors, sales to customers, salaries paid to employees, depreciation, interest, expenses. The closing provides answers on opening balance, gross profit, net loss and balance sheet.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 5

    Cost Centre Management

    Particulars Dr Cr

    Capital 500000
    Cash 200000
    Furniture 50000
    Bank Loan 200000
    Indian Bank 150000
    Bank O/D 150000
    Machinery 150000
    Motor Car 75000
    Computer 125000
    Investment 200000
    Salary Due 50000
    Sundry Creditors:
    M/s.Relience(P) Ltd was Rs.150000 Bill No:29
    Sundry Debitors:
    M/s.Hindustan Ltd was Rs.60000 Bill No:30
    M/s.Unilever Ltd was Rs.40000 Bill No:31

    Cost centre and cost category:

    Mr.Flaming(cost category) Ms.Famila (cost category)


    Basic pay Basic pay (F)
    DA DA (F)
    TA HRA (F)
    Medical allowance Conveyance allowance (F)
    Food allowance Medical allowance (F)

    Mr.Prince (cost category) Income and expenditure (cost category)


    Basic pay (p) Telephone charges
    DA (P) Postage
    HRA (P) Interest received
    TA (P) Wages
    Food allowance (p) Fright charges
    Medical allowance (P) Commission received

    TRANSACTION DURING THE PERIOD:

    1. Telephone charges paid Rs.1000


    2. Amount paid to Mr.Reliance Ltd was Rs.50000 part settlement
    3. Commission received Rs.10000
    4. Goods purchased from Mr.Dolphin ltd was Rs.120000 bill no:28
    5. Salary paid to Ms.Famila for the following

    Basic pay (F) Rs. 6000


    DA (F) Rs.2000
    HRA (F) Rs.500
    Conveyance allowance (F) Rs.700
    Medical allowance (F) Rs.500

    6. Paid postage Rs.1250


    7. Goods sold to Rs.Ramani was Rs.150000 bill no:75
    8. Interest received Rs.8000
    9. Salary paid to Mr.Flaming for the following:

    Basic pay Rs.5000


    DA Rs.2500
    TA Rs.1000
    Medical allowance Rs.500
    Food allowance Rs.300

    10. Depreciation of machinery @10%


    11. Interest on capital @6%
    12. Withdraw from personal use Rs.5000
    13. With draw from bank Rs.20000
    14. Paid wages and fright charges Rs.700, Rs.350
    15. Salary paid to ms.Prince for the following:

    Basic pay (P) Rs.7000


    DA (P) Rs.3000
    HRA (P) Rs.1500
    TA (P) RS.600
    Food allowance (P) Rs.500
    Medical allowance (P) Rs.400

    16. Motor car sold on cash Rs.70000 and balance amount was depreciated.
    17. Dividend received Rs.30000

    Answers:

    Opening balance
    Gross profit
    Net loss
    Balance sheet

    You might also like