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Increase in inventory to be reduced in total expenses-illust 1 preparation of FS

Accountancy

WHy is increase in inventory added in total expenses?It should be reduced right since it will be credited to cost of good sold? Video Details ------------- P1 - Advanced Accounting - Without AS Preparation of Financial Statements #13. Illustration 1 - Part 1


Nayana Kowshik

Nayana Kowshik

CA Inter

120

21-Jan-24 19:41

262

Answers (2)

Oh its "adjusted purchses"...Got it


Thread Starter

Nayana Kowshik

Nayana Kowshik

CA Inter

120

22-Jan-24 07:41

Thread Starter

Nayana Kowshik

Oh its "adjusted purchses"...Got it

okay


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

23-Jan-24 11:52

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