what item is not included in cost accounting
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Answer:
Loss on sale of fixed assets will not appear in cost accounting. Debit cash for the amount received, debit all accumulated depreciation, debit the loss on sale of asset account, and credit the fixed asset.
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Answer:
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Explanation:
Few examples of cost expenses are salaries and wages, the amount incurred on equipment and machinery, fuel, power, materials, transportation, rent, insurance, etc.✌✌
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