what is trans. value and cumulative value in inventory audit report ?
which value is to be considered actually ?
if i add trans value to the opening stock then i get the cumulative value.
Apr 08 opening 50,298,110
plus trans. value 13,593,668 (this comes when you see the audit report in expanded form)
cumulative value 63,891,778 (this is cumulative value when you see the report in collapsed form)
Which value affects the financial statement ?