Non-Integral System and Integral System | Cost Accounting
The upcoming discussion will update you about the difference between non-integral system and integral system. Difference # Non-Integral System: 1. Two separate sets of account books are maintained—one to record cost transactions and the other to record financial transactions. 2. Cost Ledger is maintained. 3. Control Accounts are opened in the Cost Ledger. 4. There are two figures of profit [...]