Regarding Consumption/Closing Stock

samsungsamsung Member Posts: 10
Dear Experts.

I am stucked at one instance. Kindly help me out in this regards.

I am confused about the consumption value/Closing stock in NAV accounting system.

How does the cost is transferred to P & L a/c for an accounting year?

I am unable to understand the significance of Direct Cost applied account, and how it is nullified?? ](*,)

Kindly help it out.

Regards:

Sam Sung

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