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Aug 30, 2011 at 09:00 AM

Inventory audit report

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Hi All,

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.

For eg.

Apr 08 opening 50,298,110

plus trans. value 13,593,668 (this comes when you see the audit report in expanded form)

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cumulative value 63,891,778 (this is cumulative value when you see the report in collapsed form)

Which value affects the financial statement ?

Thanks

Malhaar