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stock reserve

This query is : Resolved 
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(Querist)
15 October 2008 sir,
i have some doubts regarding stock reserve. what are the items to be considered while caluculating stock reserve in case of independent branhes
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
16 October 2008 THe loading of internal profit on stock transferred between branches of the same concern has to be removed when the accounts are presented for the concern as a whole.
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Ravikumar.G

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Ravikumar.G (Expert)
20 November 2008 Profit element should be removed.
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