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Definition of Accounting cost
1. Noun. (economics) The total amount of money or goods expended in an endeavour. It is money paid out at some time in the past and recorded in journal entries and ledgers. ¹
¹ Source: wiktionary.com
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1. Noun. (economics) The total amount of money or goods expended in an endeavour. It is money paid out at some time in the past and recorded in journal entries and ledgers. ¹
¹ Source: wiktionary.com