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what is the significance of PGI?

Answer Posted / swastika

1.Stock quantity is updated
2.Values are updaed in inventory accounting
3.Status in all sales
4.Cost of goods sold is updated
5.Requirement is updated
6.Billing index is updated

Cost of goods G/L a/c increases- Credited
Inventory G/L a/c decreases - Debited

Is This Answer Correct ?    8 Yes 1 No



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