Revised schedule vi format
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2014
In revised schedule VI Format,in profit & loss a/c,in expenses head their are two points given: cost of material consumed & changes in inventories.
Please anybody clarify me the same : difference between these two because material consumed includes the effect of Changes in inventories.
Please anybody clarify me the same : difference between these two because material consumed includes the effect of Changes in inventories.
31 May 2014
cost of material consumed the cost which finds its place in purchases...whereas the changes in inventory gives the monthly changes. cost can thus be derivative function
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