14
You visited us
14
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XII
Accountancy
Inventory
For finished ...
Question
For finished goods, we don't show purchases and changes in inventory separately.
A
False
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
True
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
Suggest Corrections
0
Similar questions
Q.
From the following information, calculate Change in Inventory of Finished Goods: Opening Inventory and Closing Inventory of Finished Goods ₹2,00,000 and ₹1,75,000 respectively.
Q.
Calculate Cost of Materials Consumed from the following:
Opening Inventory of Materials ₹2,50,000; Finished Goods ₹1,00,000; Closing Inventory of Materials ₹2,25,000; Finished Goods ₹75,000; Raw Material purchased during the year ₹15,00,000.