inventory treatment
This query is : Resolved
10 August 2009
Dear friend
I want to known that if any goods purchase for inventory from anyone of that month but goods not sold of that month what would be treatment for profit and loss account.
I want to known that if any goods purchase for inventory from anyone of that month but goods not sold of that month what would be treatment for profit and loss account.
12 August 2009
Calculate as follows"
Opening Stock + Purchse +sales Return -Sales - Purchase Return = Closing Stock
Opening Stock + Purchse +sales Return -Sales - Purchase Return = Closing Stock
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