What is a cost account?

Anonymous

∙ 8y ago

Updated: 7/8/2023

A cost accounting system is used to analyze various types of cost,. It is used to help people and companies determine what their future financial goals should be.

Jules Bahringer ∙

Lvl 10

∙ 2y ago

What else can I help you with?

Does it cost money to have an account on the Disneychannel.com?

No I have an account and it hasn't cost me any money. Try it!

Does a LEGO club account cost money?

No a Lego club account does not cost anything! It is free!

What is the account classifaction of purchases?

It is a cost account because it is in the cost of merchandise division in the chart of accounts.

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No. The account is free.

Does it cost money for an account at jonasbrotherscom?

No it does not cost money.

How much does an iTunes account cost?

An Itunes account is free

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Its free to get an account on youtube.

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Cost of sales

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A Yahoo e-mail account is free .

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No, it doesn't.

Does a Minecraft account cost anything?

The account doesn't cost anything, but you have to pay to get a digital download of the game so that you can play it.

What is the account entry if an asset is acquired at no cost?

Debit Assets account and credit Capital Account

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