More wisdom. Please can you be adding link of the previous videos to the current videos so that whenever you refer us to the previous videos we can click on the link straight away. Thanks 🤝
It should be added to cost of goods sold to arrive at cost of sales. Thus before gross profit or loss because the trading account aspect of the income statement ends at the gross profit or loss and all direct costs and expenses that can be directly traced to the good sold are accounted for or treated in the trading aspect of the income statement.
Hi,,,⁉️ bro am from Tanzania, I appreciate your work, your real a CPA
Thank you Sir you made my day.. have been struggling to understand the whole concept
Thank God you have understood ❤️🙏
More wisdom.
Please can you be adding link of the previous videos to the current videos so that whenever you refer us to the previous videos we can click on the link straight away.
Thanks 🤝
Alright. Noted. ✅
The background is not clear.
Some horrible sound.
But thanks anyway
I have now worked on that for all my current videos .🙏
Thanks a lot
I really enjoyed your class. Thank you sir
Well-done sir . Pls the direct wages should it be put before the gross profit or after the gross profit nd pls explain sir. Thank u sir
It should be added to cost of goods sold to arrive at cost of sales. Thus before gross profit or loss because the trading account aspect of the income statement ends at the gross profit or loss and all direct costs and expenses that can be directly traced to the good sold are accounted for or treated in the trading aspect of the income statement.
Thanks
Cool, and very nice
Thanks very much sir.
But how do deal with bad debts in departmental account
Bad debt is an expense relating to sales so it is appropriate to use sales ratio to apportion it between the departments involve🙏
I'm waiting for the part 2
Nice
Keep it up
Please, sir, show branch account.
Noted✅
Thank you for approving my request.
Hot
Thanks soo much