New: costaccountingAll contenthive-129948krhive-196917steemzzanhive-183959hive-166405hive-180932hive-185836photographyuncommonlabhive-183397hive-150122hive-101145hive-188619hive-144064hive-145157bitcoinkrsuccesslifehive-109690hive-184714hive-193637hive-181136hive-103599TrendingNewHotLikersalii007 (25)in costaccounting • 3 years agoCost Accounting basicsrenutyagi (66)in costaccounting • 7 years agosteemCreated with Sketch.ExpensesMeaning : All the expenditure other than material and labour are termed as expenses. Type : There are two types of expenses, Direct expenses : Which are specifically incurred for doing a…renutyagi (66)in costaccounting • 7 years agosteemCreated with Sketch.Development of Cost AccountingThe development of cost accounting could be seen during the first world war i.e., 1914-1919 which was rapid due to the control on the prices imposed by the government. The government entered into…renutyagi (66)in costaccounting • 7 years agosteemCreated with Sketch.Cost AccountingA method of accounting in which all costs incurred in carrying out an activity or accomplishing a purpose are collected, classified, and recorded. This data is then summarized and amalyzed to…