Examples of Closing Stock Value in a sentence
Net Sales (V-W) Y Closing Stock Value (Inventory to be annexed) Gross Profit * Note :- Separate statement of commodity falling under each schedule of the KVAT Act,2003 should be prepared along with the consolidated statement (for eg: separate statement for exempted goods, 1 % goods, 4 % goods, 20 % goods & 12.5 % goods and a consolidated statement).
As at31st March 201431st March 2013Opening Stock Value (`)Closing Stock Value (`)Opening Stock Value (`)Closing Stock Value (`) Reed Switches502,777789,678397,466502,777Proximity Sensors31,38395,27022,99631,383Ball Switch 6,270 112,400 - 6,270TOTAL 540,430 997,348 420,462 540,43016.
Class of Goods Unit Upto OpenQtying StockValue (Rs.) QtySales Closing Stock Value Qty.
NOTES ON ACCOUNTS (continued) (b) Opening / Closing Stock Value – Finished Goods Year ended Year ended31st March 2004 31st March 2003Rs. Rs. Rs. RsOpening closingstock stockQuantity Value Quantity ValuePressure 2003-04 92,590 7,05,13,896 79,419 6,63,37,317Cookers & pans 2002-03 31,690 3,16,86,403 92,590 7,05,13,896Others 2003-04 18,70,270 15,28,5932002-03 22,39,556 18,70,270Total 2003-04 7,23,84,166 6,78,65,9102002-03 3,39,25,959 7,23,84,166 4.
Unit-V: Valuation and Accounting for Inventory & Depreciation 12 hours Accounting Treatment of inventory valuation-Stores Accounting (FIFO, LIFO, Weighted Average Method)-Other Selective Methods to compute Closing Stock Value.