Accountancy, asked by sahu12789kumar, 9 hours ago

state the items included in financial account but not in cost account​

Answers

Answered by MahimaTripathi1210
2

Explanation:

Hence, only item which can appear in cost accounts but not in financial accounts is a notional charge, such as, (i) interest on capital, which is not paid but included in cost accounts to show the notional cost of employing capital, or (ii) rent i.e. charging a notional rent of premises owned by the proprietor.

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