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The accounts of Manufacturers

  • D. E. Turner
  • P. H. Turner
Chapter

Abstract

A retailer purchases stocks of finished goods, and debits the full invoice price of them to the purchases account. That price will have been made up of a number of separate costs that the manufacturer will have incurred, together with the manufacturer’s profit.

Keywords

Finished Good Wage Cost Prime Cost Loss Account Trading Account 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© D. E. Turner and P. H. Turner 1991

Authors and Affiliations

  • D. E. Turner
  • P. H. Turner

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