Consignment

Accountancy

In calculating stock reserve on closing stock (total goods×difference between invoice price) is given in book but in the sum which I attached is calculated in different manner.

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Lathika

CA Inter

★ 6K+

04-Jun-23 18:05

613

Answers (3)

Pls refer to ICAI based publications onlu

CA Suraj Lakhotia

Admin

04-Jun-23 18:16

For closing stock you consider only closing stock value

CA Suraj Lakhotia

Admin

04-Jun-23 18:17

Ok sir

Thread Starter

Lathika

CA Inter

★ 6K+

04-Jun-23 18:34