Changes in inventory
This query is : Resolved
Nitesh Agarwal
(Querist)
09 August 2013
dear sir,
stock at commencement- 10,00,000
purchases- 2,00,000
sales-1,00,000
closing stock- 11,00,000
does changes in inventory means 2 lacs or 1 lacs in schedule vi
please reply soon
stock at commencement- 10,00,000
purchases- 2,00,000
sales-1,00,000
closing stock- 11,00,000
does changes in inventory means 2 lacs or 1 lacs in schedule vi
please reply soon
09 August 2013
Change in inventory is Rs. 1 lakh.
09 August 2013
Changes in inventory is the difference between opening stock and closing stock.
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