Dikshit Kapoor
(Article Assistant)
(51 Points)
Replied 09 July 2016
it should be accounted as a consumable stock. only during the year consumption should be booked and closing stock should be shown as an asset
Dikshit Kapoor
(Article Assistant)
(51 Points)
Replied 09 July 2016
it should be accounted as a consumable stock. only during the year consumption should be booked and closing stock should be shown as an asset
Dikshit Kapoor
(Article Assistant)
(51 Points)
Replied 09 July 2016
it should be accounted as a consumable stock. only during the year consumption should be booked and closing stock should be shown as an asset
Dikshit Kapoor
(Article Assistant)
(51 Points)
Replied 09 July 2016
it should be accounted as a consumable stock. only during the year consumption should be booked and closing stock should be shown as an asset
ramesh
(article assistant)
(37 Points)
Replied 15 July 2016
show it as closing stock in balance sheet
CA ASHOK DAHIYA
(CA)
(124 Points)
Replied 16 July 2016
It's a consumable items. It's unused remaining stock would be shown as Closing stock in Balance sheet. and in credit side of statement of profit and loss account
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