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In profit and loss statement of a paper mill company revenue from stock-in-trade is not mentioned separately. But purchases of stock-in-trade is mentioned in expenses
In profit and loss statement of a paper mill company revenue from stock-in-trade is not mentioned separately. But purchases of stock-in-trade is mentioned in expenses section. Only revenue from operations which is the total of 'sale of manufactured goods' and stock in trade is mentioned. In such cases how can we calculate the Value Added from Stock-in-Trade (Traded Products). Please refer annual report of JK Paper Limited.
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