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Changes in inventory

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(Querist)
09 August 2013 dear sir,

stock at commencement- 10,00,000
purchases- 2,00,000
sales-1,00,000

closing stock- 11,00,000

does changes in inventory means 2 lacs or 1 lacs in schedule vi


please reply soon
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
09 August 2013 Change in inventory is Rs. 1 lakh.
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CA Guru M

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CA Guru M (Expert)
09 August 2013 Changes in inventory is the difference between opening stock and closing stock.
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