Author Topic: Cost and expense  (Read 32 times)

Offline MD. ABDUR ROUF

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Cost and expense
« on: July 14, 2018, 06:11:15 PM »
 
Cost: Cost is the total value of the sacrifice mode to acquire goods or services.
Expense: Expense is the value of the sacrifice mode for usesing goods or services, measured in monetary units by the reduction of asset.
Example- purchases a furniture Tk.20,000 for 10 years. Here, cost is Tk.20,000 total value of furniture and per year depreciation is expense Tk.2000.   
Dr. Md. Abdur Rouf
Assistant Professor of Accounting
Faculty of Business and Economics
Daffodil International University

Offline munna99185

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Re: Cost and expense
« Reply #1 on: October 18, 2018, 03:18:02 PM »
Thanks for sharing.

Sayed Farrukh Ahmed
Assistant Professor
Department of Business Administration
Faculty of Business & Entrepreneurship
Daffodil International University

Offline akhi

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Re: Cost and expense
« Reply #2 on: October 21, 2018, 12:46:08 PM »
Thanks for sharing
Amatul Bushra Akhi
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Department of Computer Science and Engineering
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Daffodil International University