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(A) Current assets shall

be classified under sub-heads appropriate to the company's affairs, including, where applicable, the following:-- (i) stores and spare parts; (ii) loose tools; (iii) stock-in-trade, distinguishing, where practicable, between (a) stock of raw materials and components, (b) work-in-process, (c) stock of finished products and (d) other stoc...


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