The profit as per cost accounts is 1,15,000 the following points are found out on comparison between cost accounts and financial accounts. Particulars a) Opening stock: Materials Work-in-progress Finished goods b) Closing stock: Materials Work-in-progress Finished goods Cost Accounts Proda is atinu eline 10,000 15.000 15,000 14,000 12,000 20,000 30,000 eloisons Financial Accounts beseribu beesran etinu 004 bauaal alinu 08 beuss! atinu 000 bausel alinu 08 beveal 4108-01-01 10,500 12,000 13,000 Sousal 11,000 21,500 ato 28,000 c) Directors fee paid 1,500 Reserve for bad debts 600 interest paid* 1000. Transfer fees received 800, Dividend received 400 are exclusively taken in financial accounts but ignored in cost accounts. 000,a d) Rent charged in costing but not in FA* 5000. e) Goodwill 5000 and preliminary expenses Rs. 2000 have been written off during the year. enop svart abse SW aka f) Overheads incurred Rs. 50,600 but overheads absorbed amounted to 48,100. Find out the profit as per financial accounts by preparing Reconciliation Statement. otos