cost schedule Flashcards
(35 cards)
1
Q
opening inventory
A
cost of sales
2
Q
purchases
A
cost of sales
3
Q
purchases returns
A
cost of sales
4
Q
carriage inwards
A
cost of sales
5
Q
closing inventory
A
cost of sales
6
Q
carriage outwards
A
dc
7
Q
utilities
A
ae
8
Q
wages
A
ae
9
Q
salaries
A
ae
10
Q
directors remuneration
A
ae
11
Q
admin expenses
A
ae
12
Q
marketing expenses
A
dc
13
Q
advertising costs
A
dc
14
Q
rent expense
A
fc
15
Q
depreciation charge for the year (depending on notes)
A
dc
16
Q
debt, provision of debt
A
dc
17
Q
advertising costs accrued
A
dc
18
Q
loan interest
A
fc
19
Q
insurance
A
ae
20
Q
general expenses
A
ae
21
Q
bad debt
A
dc
22
Q
change in doubtful debt provision
A
dc
23
Q
depreciation in vehicles
A
dc
24
Q
loss of disposal
A
dc
25
sales comission
dc
26
plus accrual
dc
27
discount allowed
dc
28
discount recieved
ae
29
repairs
ae
30
depreciation on buildings, fixtures and fitting
ae
31
impairment of f&f
ae
32
debenture interest
fc
33
preference dividend
fc
34
provision for defects
dc
35
profit on disposal
ae
