Question 4 (20 Marks) Shitapa Ltd keeps separate books for its cost and financial records. The net income shown in the cost accounts was N$20 496. Net income recorded in the cost accounts was more than the net income for accounting profit by N$1 904. A comparison of the two sets of accounts revealed the following: Inventory valuations Raw materials: Cost Accounts N$ 6 821 5 483 N$ 14 491 12 130 Financial accounts N$ 7 259 5 128 N$ 14 105 11 831 Opening inventory Closing inventory Finished goods: Opening inventory Closing inventory The following transactions were not recorded in the cost accounts: Dividends and interest received N$552 Loss on sales of milling machine Required: A. Reconcile the net income figures as shown in the two sets of accounts. (11 Marks) B. Explain the difference between integrated accounting system and interlocking accounting system (9 Marks)