22 . The profit from financial accounting is Rs. 20,000. On verification of cost and financial accounts of a company, the following difference are noticed: a) Works over head under recovered in cost account Rs. 40000 b) Bank interest credited in financial account Rs. 3000 c) Under valuation of opening stock in Financial A/C Rs. 4000 d) Over valuation of closing stock in cost account Rs. 5000 e) Loss on sale of equipment debited in financial account Rs. 1000 Required: Reconciliation statement in between Cost and Financial Account. (5) Ans: Profit as per cost accounting Rs. 49,000​