what is stores consumed???
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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.
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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