Calculation of closing stock if vat input is given
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 May 2013
Dear sir,
How to calculate closing stock if VAT input is given. Please clarify the my boubt
How to calculate closing stock if VAT input is given. Please clarify the my boubt
Rupesh Jain
(Expert)
30 May 2013
as per AS-2 cost of stock includes cost of all exp.to present location and condition.
but you have mention type of c. stock
for more typ CWIP, RM, FG, STores
you can see Acounting Standard -2
but you have mention type of c. stock
for more typ CWIP, RM, FG, STores
you can see Acounting Standard -2
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