what is cost concept
Answers
Answered by
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.
Step-by-step explanation:
Hope it helps u
Answered by
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
Similar questions