CA Foundation doubt
Please explain 5th point
Asked by RPR11 Sept 2025599 views
3 answers
RPR · 11 Sept 2025
Okk thank you
S · 11 Sept 2025
Because 1400 is already included
S · 11 Sept 2025
It means goods are purchased on 30-6-04 = 2000 but 1400 worth stock was delivered the next week. So 1400 worth stock is included in Inventory taking and it should be included as on 30-6 as well but 600 is not included in the inventory taking and that's why we are only including 600
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