why all losses are not included in accounting like when we keep cash in our hand we are losing an opportunity to invest it somewhere else. does it mean that not all loses are included in accounting
Derin Bulo (no) (46 Points)
10 January 2023why all losses are not included in accounting like when we keep cash in our hand we are losing an opportunity to invest it somewhere else. does it mean that not all loses are included in accounting
Yasaswi Gomes new
(Finance )
(4484 Points)
Replied 10 January 2023
We only repory 5 elements_ assets
Liabilities
Expenses and losses
Incomes and gains
Equity
Your question does not fall under anyof the above. Yoir asking aboit opportunity costs in investment.
Yasaswi Gomes new
(Finance )
(4484 Points)
Replied 10 January 2023
To.think of it in a different way
Revenue losses eg inventory losses or operating losses
Capital losses eg machinery impairment
Equity losses eg loss on issue of shares
Are the only losses we consider in accounting
sabyasachi mukherjee
(26126 Points)
Replied 11 January 2023
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