Cost Accounting, grade 11 term, CAPS.pptx

Topic: Cost Accounting grade 11, Subject: Accounting
Posting to the general ledger, manufacturing costs

1. Cost Accounting: Ledger Accounts of a Manufacturing Business Grade 11 Subject: Accounting By: Mathapelo Mokoena

2. General Ledger

3. continuation…….. Assets: Resources owned by the company, such as cash, inventory, and property. Equity: The residual interest of the owners in the business after liabilities are deducted from assets. Expenses: Costs incurred by the company in the course of its operations, such as rent, salaries, and utilities. Liabilities: Obligations the company owes to external parties, like loans and accounts payable. Income/Revenue: Money earned from the company’s business activities, such as sales and service fees.

4. Format

5. Ledger accounts for manufacturing costs

6. Example….

7. Important

8. THE END Prepared by: Mathapelo Mokoena [email protected]