How to calculate according to schedule III
This query is : Resolved
Quick Summary
02 October 2023
Cost of material consumed
changes of inventory
while preparing profit and loss account.
changes of inventory
while preparing profit and loss account.
CA R SEETHARAMAN
(Expert)
02 October 2023
Opening balance add purchase less closing stock is cost of materials consumed.
13 October 2023
sir,
when I use Cost of material consumed
then changes of inventories should not be calculated .
please reply.
when I use Cost of material consumed
then changes of inventories should not be calculated .
please reply.
CA R SEETHARAMAN
(Expert)
13 October 2023
Yes, you are right...
...
...
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