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

Moderator

14-Jul-20 09:08

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

Prasanth kumar Kamisetty

CA Foundation

★ 11K+

14-Jul-20 09:20

check this

Attachments

sudha reddy

Moderator

15-Jul-20 14:01

Meaning of cost of goods consumed

Prasanth kumar Kamisetty

CA Foundation

★ 11K+

17-Jul-20 09:10

Value of material used in the items sold.

sudha reddy

Moderator

17-Jul-20 16:14

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

sudha reddy

Moderator

17-Jul-20 16:15