Easy Office
LCI Learning

Accounting treatment for diffirence of books and phisical i

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 September 2013 what is the accounting entry/treatment for difference between phisical inventory and books inventory?
Profile Image

Arun

Profile Image

Arun (Expert)
05 September 2013 Shortage in Inventory A/c dr.
To Inventory A/c
Profile Image

krishna kc

Profile Image

krishna kc (Querist)
05 September 2013 thanks for your valuable suggestion.
whather shortage in inventory will be charged in cost of goods sold or directoly to P/l account?
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links