In this video I have explained the concept and the whole structure of Contract Costing chapter of Cost Accounting.

Here we have discussed
1. Concept
2. Format of Contract A/c and its contents.
3. Old Syllabus vs New Syllabus
4. Contractee A/c
5. Balance Sheet Extract

⏱TIMESTAMPS
00:00 - Intro
00:12 - Concept
04:38 - Format of Contract A/c
06:00 - Material
08:45 - Expenses
09:04 - Plant
13:24 - Sale of Plant / Material
16:17 - Abnormal Loss
18:16 - Material Returned to Store
19:35 - Work in Progress
23:13 - Profit / Loss
29:39 - Contractee A/c
31:25 - Balance Sheet Extract

Next
#2 Contract Costing - Problem 1
   • #2 Contract Costing - Problem 1 - B.C...  

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This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.

PDF Notes (Telegram)
https://t.me/sahebacademy7

Process Costing Playlist
   • Process Costing - B.COM / CA INTER  

Material Costing Playlist
   • Material Costing - B.COM / CMA / CA I...  

Labour Costing Playlist
   • Labour Costing - B.COM / CMA / CA INTER  

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