Practicing Success
Opening Stock (+) Purchase (-) Closing Stock formula applies to the following while calculating consumption: |
B. D, C only B, C, E only B, D, E only A & B only |
B, D, E only |
Not For Profit Organisation (NPO) : Consumables are products that used recurrently, i.e., items that “get used up” or discarded. For example, consumable school supplies are stationary such as pens, file folders, and toner or ink cartridges; Medicines in hospitals; Sports materials in Sports clubs etc. |