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Financial Ratios

New syllabus SM Q. 3 Pg. 3.48 Why Closing stock of FG and RM is not taken in trading account credit side?? It is taken on Balance Sheet but not Trading, Why??


J J

J J

CA Inter

180

05-Apr-20 12:36

16

Answers (2)

I think they have taken workscost in debit side


shamanth rm

shamanth rm

CA Inter

120

05-Apr-20 17:28

It is a statement of profitability and not trading account


ruchi lahoti

ruchi lahoti

Moderator

06-May-20 13:40