What is main difference between cost and financial accounting?

3 Views|Posted 7 months ago
Asked by Mamona Shukla
1 Answer
N
5 months ago

Imagine you are running a small chai stall. To know if you are making a profit, you check every single paisa: milk cost, sugar, tea leaves, and even the gas cylinder cost. This is what Cost Accounting is all about. It is like keeping a personal diary of all your expenses just for your own sake, so y

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