Accounting standard 2
This query is : Open
08 July 2013
Hello experts,
I have doubt regarding the term "supplies"
Used in as 2
what and all it includes ???
whether packing material is included???
Thanks in advance for your time and patience.
I have doubt regarding the term "supplies"
Used in as 2
what and all it includes ???
whether packing material is included???
Thanks in advance for your time and patience.
08 July 2013
i) 'supplies' means goods supplied for maintenance. Please see clause 4 of AS-2.
ii) packing materials is not covered in 'supplies'.
ii) packing materials is not covered in 'supplies'.
Message likes :
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08 July 2013
@above
sir then can we tell stationery not yet consumed to included in inventory ..(if considered to be material )
what is the meaning of maintenance supply???
Thanks for your timely response
sir then can we tell stationery not yet consumed to included in inventory ..(if considered to be material )
what is the meaning of maintenance supply???
Thanks for your timely response
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