Presentation in Profit and Loss account
This query is : Resolved
06 October 2023
How to present profit and loss account
Changes in Inventories
Cost of Material Consumed.
Whether only can show Cost of material consumed show or Both show in P/L A/c while preparing
profit and loss according to schedule III.
Changes in Inventories
Cost of Material Consumed.
Whether only can show Cost of material consumed show or Both show in P/L A/c while preparing
profit and loss according to schedule III.
07 October 2023
Of schedule III then ---> Opening Stock (+) Inwards (-) Closing Stock =
07 October 2023
If schedule III then ---> Opening Stock (+) Inwards (-) Closing Stock = Raw Material Consumed...
07 October 2023
sir,
I want to know whether
Only changes in inventories how to present , if material consumed not show in Profit and loss account,
I want to know whether
Only changes in inventories how to present , if material consumed not show in Profit and loss account,
07 October 2023
Sir,
I want to show
changes in inventories how to present it.
I want to show
changes in inventories how to present it.
07 October 2023
Cost of Material Consumed - for raw materials only
Changes in Inventories - for other types of inventory, like WIP, finished goods, and traded goods.
Changes in Inventories - for other types of inventory, like WIP, finished goods, and traded goods.
13 October 2023
sir,
whether only one can be shown in profit and loss account
cost of material consumed or
changes of inventories
or
both can be shown in profit and loss account.
whether only one can be shown in profit and loss account
cost of material consumed or
changes of inventories
or
both can be shown in profit and loss account.
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