IndigoLearn

Query

Do we consider implicit cost in accounting??


Reetikaa  R

Reetikaa R

CA Foundation

4K+

17-Dec-20 19:44

22

Answers (3)

No


Suraj Lakhotia

Suraj Lakhotia

Admin

18-Dec-20 07:27

But interest on capital is implicit cost right sir


Reetikaa  R

Reetikaa R

CA Foundation

4K+

18-Dec-20 09:22

But interest on capital is implicit cost right sir

If paid, its not implicit.


Suraj Lakhotia

Suraj Lakhotia

Admin

18-Dec-20 14:45