Treatment of inventory

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 August 2014 Dear Sir,
I have a problem in treatment of inventory of soyabeen and other simile types of stock due to mosture in stock how to treat in accounting in tally by reduction in purchase or sales or stock.
please guide me....

19 August 2014 Normal loss due to mosture Dr

To purchase.


19 August 2014 additionally Normal loss shall be transferred to p n l a/c at last in year end.


20 August 2014 if it is weight loss then no required to reduce/increase the value of goods.



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