10 From the following figures prepare a reconciliation statement : Rs. Net loss as per...
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Accounting
10 From the following figures prepare a reconciliation statement : Rs. Net loss as per financial records Net loss as per oosting records 2,16,045 1,72,400 Works overhead under-recovered in costing 3,120 Administrative overhead recovered in excess 1,700 Depreciation charged in financial records 11,200 Depreciation recovered in costing 12,500 Interest received but not included in costing, 8,000 Obsolescence loss charged in financial records 5,700 Income-tax provided in financial books 40,300 Bank interest credited in financial books 750 Stores adjustments (credit in financial books) 475 Depreciation of stock charged in financial books 6,750
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