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The net profit as per financial account was Rs 42,000 of ABC On reconciliation, the differences were Trading. following
Posted: Tue Jul 05, 2022 11:48 am
by answerhappygod
- The Net Profit As Per Financial Account Was Rs 42 000 Of Abc On Reconciliation The Differences Were Trading Following 1 (113.28 KiB) Viewed 12 times
The net profit as per financial account was Rs 42,000 of ABC On reconciliation, the differences were Trading. following noticed: recovered 6,000 Works overhead over in cost account Rs Interest charged in financial accounts Rs 4,000 Opening stock overvalued by financial accounts Rs 10,000 A profit of Rs 5,000 on sales of fixed assets was shown in financial account. Goodwill written off Rs 7,500 Required: Reconciliation between financial and cost account