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Accountancy

Mam where is the impact of 4th statement

Prasanth kumar Kamisetty

CA Inter

★ 12K+

13-Jul-20 20:38

306

Answers (6)

The last statement is the closign balance on 31st Dec - it should be balance c/d 480 and the balancing figure 2,320 should either be sales if its trading in stationary or it should be cost of goods consumed if its raw material

Sudha Reddy

CA Final

★ 20K+

14-Jul-20 09:08

Mam I didn't understand can you upload a photo of new solution

Thread Starter

Prasanth kumar Kamisetty

CA Inter

★ 12K+

14-Jul-20 09:20

check this

Sudha Reddy

CA Final

★ 20K+

15-Jul-20 14:01

Meaning of cost of goods consumed

Thread Starter

Prasanth kumar Kamisetty

CA Inter

★ 12K+

17-Jul-20 09:10

Thread Starter

Prasanth kumar Kamisetty

Meaning of cost of goods consumed

Value of material used in the items sold.

Sudha Reddy

CA Final

★ 20K+

17-Jul-20 16:14

Thread Starter

Prasanth kumar Kamisetty

Meaning of cost of goods consumed

Value of raw material consumed for those units which are sold during the year

Sudha Reddy

CA Final

★ 20K+

17-Jul-20 16:15

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