Historical Cost Accounting

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Definition: Historical Cost Accounting

Historical Cost Accounting
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Full Definition of Historical Cost Accounting

noun the preparation of accounts on the basis of historical cost, with assets valued at their original cost of purchase. Comparecurrent cost accounting   the preparation of accounts on the basis of historical cost, with assets valued at their original cost of purchase.

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https://payrollheaven.com/define/historical-cost-accounting/
Modern Language Association (MLA):
Historical Cost Accounting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/historical-cost-accounting/.
Chicago Manual of Style (CMS):
Historical Cost Accounting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/historical-cost-accounting/ (accessed: April 20, 2024).
American Psychological Association (APA):
Historical Cost Accounting. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/historical-cost-accounting/

Definition Sources

Definitions for Historical Cost Accounting are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.