EASYOFFICE
EASYOFFICE
EASYOFFICE

accounting treatment of consumption

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 July 2008 hello,

i work as an internal auditor in a hotel. i want to know what should be considered consumption : discard of uniform or as soon as uniformissued to concern dept. from store.
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
23 July 2008 Actually it depends upon the policy. But it is prudent to charge off as consumption as soon as an item is issued.

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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links