Cost: Difference between revisions
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imported>Doug Williamson (Link with Depreciation and expand in relation to fixed assets.) |
imported>Doug Williamson (Link with Impairment page.) |
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| Line 29: | Line 29: | ||
* [[Depreciation]] | * [[Depreciation]] | ||
* [[Fixed assets]] | * [[Fixed assets]] | ||
* [[Impairment]] | |||
* [[Inventory]] | |||
* [[Net book value]] | * [[Net book value]] | ||
* [[Net realisable value]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 12:58, 27 May 2017
1.
Accounting.
The expenses payable to produce the firm’s sales.
2.
Accounting.
In relation to fixed assets, the original cost of acquisition.
The net book value of fixed assets, in simple terms, is the difference between cost and accumulated depreciation.
3.
To estimate the price of something.
4.
More generally, the amount paid to acquire or buy something.
