Conceptual Framework Of Specialised Accounting
Telangana Open School (TOSS) · Class 12 · Accountancy
All formulas from Conceptual Framework Of Specialised Accounting in Telangana Open School (TOSS) Class 12 Accountancy. Key equations, constants, and identities for board exam preparation.
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Formulas
Consignment Accounting
Value of Goods Sent = Quantity × Cost Price + Direct Expenses
Normal Loss = Total Units × % Loss
Abnormal Loss = Units Lost × Cost per Unit (after normal loss)
Commission = Gross Sales × Rate %
Del-credere Commission = Gross Sales × Additional Rate %
Non-Trading Concerns Accounting
Subscription for the Year = Received ± Adjustments for Arrears/Advance
Depreciation = Cost × Rate × Time
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