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TEJAS KARNANI (student) (160 Points)

05 August 2014

reconciliation mei contol accounts kya hote hai?

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Karan Oberai (C.A aspirant) (45 Points)
Replied 06 August 2014

Control Account is not in reconciliation statement but in hire purchase. Control account is maintained by the buyer to keep a record of transactions with the seller. Reconciliation is merely a statement that is prepared to compare pass book and cash book entries.

TEJAS KARNANI (student) (160 Points)
Replied 06 August 2014

i know bro that but in cost accounts paper 2005 the they require to prepare contro accounts for production overheads,administrative ohs and selling & distribution ohs......for 3 marks