how calculate this figure
This query is : Resolved
22 February 2010
i have seen unaudited finance result of one ltd company where i found under mentioned item as expense.
"(Increase)/Decrease in Stock in Trade and Work In Progress"
pls let me know how it calculated
"(Increase)/Decrease in Stock in Trade and Work In Progress"
pls let me know how it calculated
CMA Ramesh Krishnan
(Expert)
22 February 2010
It is nothinhg but difference between Opening and Closing of stock & wip
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22 February 2010
thanks for prompt reply .can u pls clear once again that is it diffrence of opening & closing stock of rawmaterial,wip,& finished as well
CMA Ramesh Krishnan
(Expert)
22 February 2010
yes.exactly
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