The general ledger of a manufacturing concern contains the same accounts found in any general ledger plus a small number of cost accounts. As transactions are recorded, manufacturing costs flow through the accounts in a way that largely parallels the flow of are included in product cost and how those cost elements are measured as to which ing rules require a absorption cost. In cost elements are measured. External reporting rules require actual absorption cost. In most cost accounting system, costs are accumulated by the job order mether, the process method, or by a blend of the two.