Consumable store & Spare part to be included in Direct exp.

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Can anybody tell me ?

1. Consumable stores & spare parts   and   Packing materials of Manufacturing are  to included in Purchase or Direct exp. while Preparing Final A/c ?

2. Advance taken for Less than 1 year to be included in Unsecured Loan or CURRENT Liabilities.

Replies (1)

1-direct exp

2-current liabilities


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