Suggestions About the Accounting of By-Products

42984

It is possible to record the by-products emerging during the production of main product through different methods from the point of tax legislation. However, it shouldn’t be emitted that the decisions of decision makers will be affected by these different recording methods related with by-products. Thus, while recording accounting of by-products, same points should be enlightened.In this context, the questons whether the reveneue of by-product should be accepted as main activity income or by-activity income or unusual revenue; whether the by-products should get a share from total production cost or not, and / or whether to register them in a different stock item, should be answered.In this study, it was aimed to find answer to the above mentoned questions by giving comparative axaples within the framework of legislation, and to throw a light on accounting practices especially of the production enterprises.

1

By , Product , Stock Valuation , Financial Analysis

Journal Of Graduate School Of Social Sciences

14

Journal Of Graduate School Of Social Sciences