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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Please help.
Regards,
Samsung