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Why there is need to reconcile the cost book and financial book?
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Why there is need to reconcile the cost book and financial book?
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. There are lots of items which are shown in costing profit and loss account only when we calculate profit as per cost accounting.
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Why there is need to reconcile the cost book and financial book?
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Why there is need to reconcile the cost book and financial book? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Why there is need to reconcile the cost book and financial book? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why there is need to reconcile the cost book and financial book?.
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