Forms of Process Account: 12 Forms | Cost Accounting
Following are the main forms of process accounts: 1. Simple Process Account 2. Loss in Weight and Sale of Scrap 3. Sale of some Part of Process Production 4. Normal and Abnormal Wastage 5. Abnormal Wastage and Abnormal Effectiveness 6. Oil Refinery Process 7. Bye-Products and their Accounts 8. Joint Product 9. Joint Expenses, Separate Expenses and Bye-Product 10. Statement [...]