Explain the need for reconciliation of cost and financial accounts examples
Answers
Answered by
1
Reconciliation of Cost and Financial Accounts is process to find all the reasons behind disagreement in profit which is calculated as per cost accounts and as per financial accounts. There are lots of items which are shown in the profit and loss account only when we make it as per financial accounting rules.
I hope this will help you
If helpful then please select my answer as brainliest answer
And also follow me ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️
Similar questions
Math,
6 months ago
Math,
6 months ago
Math,
6 months ago
Social Sciences,
1 year ago
Business Studies,
1 year ago