Which one of the following is not considered for preparation of cost sheet?

Question

Which one of the following is not considered for preparation of cost sheet?

Factory cost
Goodwill written off
Labour cost
Selling cost

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 2

Goodwill written off is not considered for preparation of cost sheet. A firm will write off goodwill when it wants to shrink the balance sheet and if it thinks that the goodwill doesnt represent anything.

4 views Answered 2022-09-01 13:21