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The process accountsThe process accounts are prepared as follows:1) The inputs into the processes such as costs of materials, wages and overheads are debited to the process account. The total cost of the process consisting of the…

Advantages and disadvantagesAdvantages of process costing1) The cost can be calculated at any periodic interval. 2) It is a simple, user friendly and affordable method. 3) It provides for effective management control. 4) It…

Features of Process Costing The following are the features of production in industries where process costing is applicable: 1) The production is a continuous flow of identical units. 2) The entire production of goods can be identified…

 Introduction Some products take a long time for being manufactured. Such time taken in their respective industries can also be identified under several stages and these stages are called processes. Meaning and definition Meaning…

Bangalore University is located in the Garden City of Bangalore aptly hailed as the  “I.T. Capital of India”, was established in July 1964 as an offshoot of the University of Mysore, primarily to include institutions of higher learning…

PROMOTER“Promoter” means a person—(a) Who has been named as such in a prospectus or is identified by the company in the annual return referred to in section 92; or (b) Who has control over the affairs of the company, directly or…

Bangalore University is located in the Garden City of Bangalore aptly hailed as the  “I.T. Capital of India”, was established in July 1964 as an off shoot of the University of Mysore, primarily to include institutions of higher learning…

Bangalore University Fifth /5th Sem Study Material Bangalore University is located in the Garden City of Bangalore aptly hailed as the  “I.T. Capital of India”, was established in July 1964 as an offshoot of the University of Mysore,…

Bangalore University is located in the Garden City of Bangalore aptly hailed as the  “I.T. Capital of India”, was established in July 1964 as an off shoot of the University of Mysore, primarily to include institutions of higher learning…

Bangalore University B.com 3rd Sem Study Material Download Now Bangalore University is located in the Garden City of Bangalore aptly hailed as the  “I.T. Capital of India”, was established in July 1964 as an off shoot of the University of…