Purview university mkushi masansa

Shout out to my newest followers! Excited to have you onboard! Brian Marambo, Shula Nkonde

MANUFACTURING ACCOUNT

A manufacturing account is prepared in a case where goods are manufactured by the firm itself. Manufacturing accounts represent the cost of production. The cost of production is then transferred to the Trading account where other traded goods are also treated in the same manner as the Trading account.

Important Points Related to Manufacturing Account
Apart from the points discussed under the section of Trading account, there are a few additional important points that need to be discussed here −

Raw Material − Raw material is used to produce products and there may be opening stock, purchases, and closing stock of Raw material. The raw material is the main and basic material to produce items.

Work-in-Progress − Work-in-progress means the products, that are still partially finished, but they are important parts of the opening and closing stock. To know the correct value of the cost of production, it is necessary to calculate the correct cost of it.

Finished Product − The finished product is the final product, which is manufactured by the concerned business and transferred to a trading account for sale.

Raw Material Consumed (RMC) − It is calculated as.

RMC = Opening Stock of Raw Material + Purchases - Closing Stock

Cost of Production − Cost of production is the balancing figure of the Manufacturing account as per the format given below.

PROFIT AND LOSS ACCOUNT

The profit and loss account represents the Gross profit as transferred from the Trading Account on the credit side of it along with any other income received by the firm like interest, Commission, etc.

The debit side of the profit and loss account is a summary of all the indirect expenses incurred by the firm during that particular accounting year. For example, Administrative Expenses, Personal Expenses, Financial Expenses, Selling, and Distribution Expenses, Depreciation, Bad Debts, Interest, Discounts, etc. Balancing figure of profit and loss accounts represents the true and net

Parkland USA

𝐂𝐎𝐍𝐆𝐑𝐀𝐓𝐔𝐋𝐀𝐓𝐈𝐎𝐍𝐒 𝐓𝐎 𝐀𝐋𝐋 𝐆𝐑𝐀𝐃𝐄 𝟏𝟐𝐬 𝐖𝐇𝐎 𝐒𝐔𝐂𝐂𝐄𝐒𝐒𝐅𝐔𝐋𝐋𝐘 𝐏𝐀𝐒𝐒𝐄𝐃 𝐓𝐇𝐄𝐈𝐑 𝐎'𝐋𝐄𝐕𝐄𝐋 𝐄𝐗𝐀𝐌𝐈𝐍𝐀𝐓𝐈𝐎𝐍𝐒.
===========================================
It's now time to take the first step towards achieving your career goals by applying for!
=================================
𝐒𝐇𝐎𝐑𝐓 𝐂𝐎𝐔𝐑𝐒𝐄𝐒 𝐎𝐍 𝐎𝐅𝐅𝐄𝐑
=================================
1. ✍️ CERTIFICATE IN BUSINESS AND SALES MANAGEMENT
2. ✍️ CERTIFICATE IN DATA ANALYSIS
3. ✍️ CERTIFICATE IN OCCUPATION HEALTH AND SAFET
4. ✍️ CERTIFICATE IN FIRST AID TRAININ
5. ✍️ CERTIFICATE IN RECORDS MANAGEMENT
6. ✍️ CERTIFICATE IN HIV RAPID TESTIN
7. ✍️ CERTIFICATE IN TB MANAGEMENT
8. ✍️ CERTIFICATE IN SOCIAL WORK
9. ✍️ CERTIFICATE IN PROJECT MANAGEMENT
10. ✍️ CERTIFICATE IN MONITORING AND EVALUATION
11. ✍️ CERTIFICATE IN SALES AND MARKETING
12. ✍️ CERTIFICATE IN BUSINESS ADMINISTRATION
13. ✍️ CERTIFICATE IN COMPUTER STUDIES AND ICT
14. ✍️ CERTIFICATE IN LEADERSHIP AND DEVELOPMENT
15. ✍️ CERTIFICATE IN PSYCHOSOCIAL COUNSELLING
16. ✍️ CERTIFICATE IN SECRETARIAL AND OFFICE MANAGEMENT
17. ✍️ CERTIFICATE IN FRONT OFFICE OPERATION
===========================================
Our bursary promotion ends Anytime soon. Limited spaces available.
Limited spaces available!!! 🙆‍♀️
===========================================
For faster Admission send us the following
=================================
Full names, Adress, Results, NRC, Phone number, Program of study
Application fee K150 (non-refundable)
And we'll issue the acceptance letter
===========================================
ENTRY REQUIREMENTS
====================
Direct entry – full grade twelve certificate with five credits or better 3-4 subjects
===========================================
Kindly call us to schedule an appointment for Application and Other enquires.
===========================================
Call or Whatsapp:
📞 +260972005737
📞 +260970643745
===========================================
The institut

Shout out to my newest followers! Excited to have you onboard! Gift Chilufya Musonda, Lukonde Jerome, Cephas Chisanga, Mwange Peligia, Elina Hampu, Martin Mwenya, Mwale Joseph, Rosette Mwenge, Benson Mumba, Obrian Siloka, K***a Changwe, Sylvia Lingunja, Mu Mu, Reckson Tembo

Politician with confidence