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Cost accounting is a type of accounting that catch hold of company’s production cost by estimating the input cost incurred in different stage of production, while it also includes the fixed cost involved in the depreciation of capital equipment.

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Accounting is the process of recording, organising, and comprehending a company's financial data. Accounting feeds raw financial data—records of all the corporate expenses, taxes, estimates. Accounting shows you how you're earning a profit, how much the company's assets and liabilities are worth.

Similar to other disciplines, you must first refresh your memory on accounting fundamentals. Referring to your study materials, books, and manuals is the best option. Otherwise, you can just acknowledge joint venture accounts, consignment accounts, costs, payrolls, and balance sheets, among other things, as these basic concepts will help you a lot in accounting assignment writing.

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