Business Studies, asked by harsh5868, 1 year ago

What is difference between Financial accounts and Cost accounts

Answers

Answered by riya3898

Cost Accounting refers to that branch of accounting which deals with costsincurred in the production of units of an organization. On the other hand,financial accounting refers to the accounting concerned with recording financial data of an organization, in order to exhibit exact position of the business.

hope it helps
please mark me as brainliest

riya3898: pls mark me as brainliest

harsh5868: Thank you

harsh5868: I don't know how to mark plzz help

riya3898: mark what

riya3898: there is option above my answer that is- this is a brainliest answer

riya3898: click on it

Answered by shivamone

financial accounting refer to the calculation of the financial position of the company ex profit and loss of it's position and cost account in refers to the estimation of cost of product or mafacturing a product because it help in the determine the price or Mrp of the product I hope it will help u out

harsh5868: Thank you

shivamone: sure any more help

Previous Question

Next Question