Planning Accounts details for Cost Accounting Records
After reading this article you will learn about the Planning Accounts details for Cost Accounting Records. Expense/Income Accounts in some order: A portion of General Ledger or a separate ledger known as Nominal Ledger or Profit & Loss Ledger of a company contains various accounts of revenue and expenditure (i.e. income/expense or profit/loss accounts) With the advent of computerisation, these [...]