Interlocking System of Accounting (Non - Integrated Accounting) - Cost and Management Accounting

[@agbarajohnmary-jw3sq]

A very helpful content.
We love your accent and the passion in your teaching 🤝🏿

[@Ezikan]

Thank you

[@Joxora]

Value was added
I really do appreciate you sir🙏🙏🙏

[@Ezikan]

Glory be to God

[@gloryanedo2690]

Nice video sir
Please how will we treat Transfer to general reserve and Transfer to Capital reserve?

[@Ezikan]

Transfers are appropriation of profit which is a purely financial matters.
It will be charged in financial accounting profit only leading to reduction in financial accounting profit.
It will be added when starting with profit as per financial Accounting and subtracted when starting with profit as per cost Accounting

[@gloryanedo2690]

@@Ezikan Thank you sir 🙏

[@MarufAlabi]

❤

[@UkachiUgochukwu]

What if the cost accountant did not record the expenses?