Opening Stock
This query is : Resolved
Deepak Gagrani
(Querist)
01 February 2009
Dear sir
Please give knowladge for opending stock is assets / exp
if expences please give reason
for imporve me knowladge
please give reply
its very urgent
Deepak Gagrani
Please give knowladge for opending stock is assets / exp
if expences please give reason
for imporve me knowladge
please give reply
its very urgent
Deepak Gagrani
CA. B.SRINIVASULU
(Expert)
01 February 2009
Opeing stock is asset.
Since it has realisable value it is treated as asset.
Since it has realisable value it is treated as asset.
02 February 2009
Yes, it is an asset as it carries value.
Deepak Gagrani
(Querist)
02 February 2009
Dear sir
first i give thank for give your valuable time for my Que
but material purchase in current year ( current assets ) but C/F in next year
that the time ? ---------------called
please give reply
first i give thank for give your valuable time for my Que
but material purchase in current year ( current assets ) but C/F in next year
that the time ? ---------------called
please give reply
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