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.
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.
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.
CAclubindia
