Accountancy, asked by rashwetadDevvy, 1 year ago

what is stores consumed???

Answers

Answered by Tammanasudhakargmail

Stores consumed basically means the consumption of consumable items.

For example: In a sports club, sports items are consumable items.

In a library, magazines are consumable items.
It is a trading expense and it is shown on debit side of Trading Account.

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