A Level Accounting 9706 (A2 Accounts – Manufacturing Accounts) – by Sir ARD in Urdu / Hindi
What you will learn
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Candidates will have an understanding of:
β’ how to prepare a manufacturing account, to differentiate between direct and indirect expenses and to include factory profit
β’ how to prepare, for a manufacturing business, a statement of profit or loss and a statement of financial position
β’ how to account for manufacturing profit and the elimination of unrealised profit from unsold inventory
β’ the reasons why a business may account for manufacturing profit
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