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2. Price Accounting: This deals Together with the accounting of charges. This technique bargains Along with the influencing on the device cost of output create or any solutions rendered. The main features of cost accounting are:
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Presents the money place- It helps the small business man or woman to draft a stability sheet at the end of yearly, which will allow them to recognize the economic problem of a company. It highlights the value of assets and liabilities of the company.
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