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