32.
(i) Give two examples of Inventory except Raw Materials, Work in Progress, Finished Goods and Stock in Trade.
(ii) Where will you disclose the amount of loss on issue of debentures written off out of Statement of Profit and Loss?
(iii)Where will you disclose Purchase of Raw Materials in Financial Statement of Company?
Solution :-
(i) Loose Tools, Stores and Spares.
(ii) Finance Cost
(iii) Cost of Material Consumed.