Hi ,
I was checking a Balance Sheet and came across :
Increase/Decrease in Stock in trade and work in progress
For FY 90-10 it was 11 crores decrease
For Fy 10-11 it is 100 crores increase
What does it mean ? Should be it positive or negative ? i i.e inc or decrease ?
If it is inventory , it should always be decrease ?
I was checking a Balance Sheet and came across :
Increase/Decrease in Stock in trade and work in progress
For FY 90-10 it was 11 crores decrease
For Fy 10-11 it is 100 crores increase
What does it mean ? Should be it positive or negative ? i i.e inc or decrease ?
If it is inventory , it should always be decrease ?