Question

Explain the ten items are included on debit side of cattle account.

Answer 1

Answer:

• The trading amount also refferred to as the cattle account and on the debit side ,the accounts which belong this side involves opening stock,purchase-related expenses,wages and other manufacturing expenses

The 10items that are involved on the debit side of a cattle account are as

1. opening or starting stock

2. livestock

3. cattle feed

4. purchase of cattle

5. purchase of cattle feed

6. crop grown -used for feeding cattle

7.wages cattle rearing

8.Transport cost of milk

9. Maintenance coat of cattle sheds

10. profit and loss transferred to general profit and loss A/C

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