Math, asked by itzkaminihere, 3 months ago

what is cost concept​

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Answered by pranvithakrgounkar
2

In accounting, the cost principle is part of the generally accepted accounting principles. Assets should always be recorded at their cost, when the asset is new and also for the life of the asset.

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Answered by goyalritika
3

Answer:

accounting, the cost principle is part of the generally accepted accounting principles. Assets should always be recorded at their cost, when the asset is new and also for the life of the asset. Wikipedia

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