Reconciliation of Cost and Financial Accounts
In this article we will discuss about:- 1. Meaning of Reconciliation 2. Need for Reconciliation 3. Procedure 4. Proforma of Memorandum Reconciliation Account 5. Practical Problems. Contents: Meaning of Reconciliation Need for Reconciliation Reconciliation Procedure Proforma of Memorandum Reconciliation Account Practical Problems on Reconciliation of Cost and Final Accounts 1. Meaning of Reconciliation: Where cost accounts and financial accounts are [...]