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  • Befa Unit-Iv Notes

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    Accounting involves recording, classifying, summarizing, and analyzing business transactions and interpreting the results. It also refers to tracking and analyzing the costs involved in production. Cost accounting is the practice of recording and analyzing costs to help businesses understand where money is spent.

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    Befa unit 4 notes jntuh

    Original Title

    BEFA UNIT-IV NOTES (1)

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    Accounting involves recording, classifying, summarizing, and analyzing business transactions and interpreting the results. It also refers to tracking and analyzing the costs involved in production. Cost accounting is the practice of recording and analyzing costs to help businesses understand where money is spent.

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    42 views59 pages

    Befa Unit-Iv Notes

    Uploaded by

    20bd1a6622
    Accounting involves recording, classifying, summarizing, and analyzing business transactions and interpreting the results. It also refers to tracking and analyzing the costs involved in production. Cost accounting is the practice of recording and analyzing costs to help businesses understand where money is spent.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 59

    Accounting is the art of recording, classifying, summarising and analyzing business

    transactions and interpreting the results.

    owners

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    Cost accounting refers to recording, reading, and analyzing costs involved in
    production.

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    sales return

    purchase return

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