Daffodil International University

Faculties and Departments => Accounting – The Language of Business => Business Administration => Business & Entrepreneurship => Managerial Accounting => Topic started by: MD. ABDUR ROUF on July 14, 2018, 06:11:15 PM

Title: Cost and expense
Post by: MD. ABDUR ROUF 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.   

Title: Re: Cost and expense
Post by: munna99185 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

Title: Re: Cost and expense
Post by: akhi on October 21, 2018, 12:46:08 PM

Thanks for sharing