CHARTERED ACCOUNTANTNCY
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This document contains which things are included in inventory, relationship between closing stock and gross profit or realation ship between opening stock and gross profit,which things are included or excluded in cost of inventory, which things are included or excluded in cost of production , normal or abnormal losses, method of valuation inventory etc.
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This document contains which things are included in inventory, relationship between closing stock and gross profit or realation ship between opening stock and gross profit,which things are included or excluded in cost of inventory, which things are included or excluded in cost of production , normal or abnormal losses, method of valuation inventory etc.