 ... 2,500.00 To President 2,500.00 The second entry being erroneous, the following should be made to correct the books : Capital Stock $2,500.00 To President's Account $2,500.00 COST ACCOUNTING Question I State four principal objects to be obtained by...  Cost Accounting, Theory and Practice - Page 20by Jerome Lee Nicholson - 1913 - 341 pagesFull view - About this book
 | Henry Cantwell Cox - Accounting - 1916 - 426 pages
...State four principal objects to be obtained by a modern cost system. (Massachusetts, 1915.) Answer "The functions performed by a cost system with respect...information necessary to standardize the work of a plant. "The five items above mentioned are not to be regarded as a brief for the value of cost systems, but... | |
 | Henry Cantwell Cox - Accounting - 1916 - 426 pages
...State four principal objects to be obtained by a modern cost system. (Massachusetts, 1915.) Answer "The functions performed by a cost system with respect...information necessary to standardize the work of a plant. "The five items above mentioned are not to be regarded as a brief for the value of cost systems, but... | |
 | Leon Carroll Marshall - Economic history - 1918 - 1130 pages
...Mr. FM Simons has outlined the functions of cost-accounting carried on within a plant as follows: 1. The records provide for following the material from the raw state until it is finished product and showing the actual costs of every act, direct or indirect, in the productive process. 2. A system of... | |
| |
