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reg.valuation of stock

former_member600294
Active Participant
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Hi

The issue is the stock value appear in B/S is not matching with the stock value in P/L a/c.Now please advice me how to go about this in details.

Thanks

shivaji

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Answers (2)

Answers (2)

former_member600294
Active Participant
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Thanks

former_member188826
Active Contributor
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The stock value that appears in the balance sheet is represented by the actual inventory times the price as per their price control.

P&L account records the actual consumption of stock. You may be comparing Inventory valuation with Inventory consumption which would not agree.