pls confirm whether ans is correct.....
que : major items of exp & income, which will appear in fiancial accounts but will no normally appear in cost accounts
ans: administrative exp like audit fees, business pramotion, consultancy fees, legal & professional fees, communication exp, finanacila exp like interest on bank loans etc, tax exp like municipal tax, profession tax etc
and income side: interest on bank, rd, fdr's, sale of scrap, income tax refund, etc
pls confirm if i am correct
CAclubindia
