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Do we consider implicit cost in accounting??

Reetikaa R

Reetikaa R

CA Foundation

★ 5K+

17-Dec-20

46

Answers (3)

No

Suraj Lakhotia

Suraj Lakhotia

Admin

18-Dec-20

But interest on capital is implicit cost right sir

Thread Starter

Reetikaa R

Reetikaa R

CA Foundation

★ 5K+

18-Dec-20

Thread Starter

But interest on capital is implicit cost right sir

If paid, its not implicit.

Suraj Lakhotia

Suraj Lakhotia

Admin

18-Dec-20

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