Accounting entry of stock loss
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 April 2016
Dear Experts,
In tally i am working in account only not in inventory... please tell me the accounting Entry of stock loss also let me know the group in which the said ledger will be open,
Please Reply.
In tally i am working in account only not in inventory... please tell me the accounting Entry of stock loss also let me know the group in which the said ledger will be open,
Please Reply.
13 April 2016
you have to do entry as
Stock Loss A/c Dr
To Purchase A/c
Stock Loss A/c Dr
To Purchase A/c
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 April 2016
Stock loss a/c will be open in indirect Exp.
13 April 2016
Yes sir in indirect exp as your business loss
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