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Management Accounting

This query is : Resolved 
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(Querist)
26 July 2008 Please....send me the journal entry for converting the capital asset to stock in trade.
I know that it is,
stock in trade dr
to capital asset a/c. is there any other answer?
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LAVANYA SM

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LAVANYA SM (Querist)
26 July 2008 1
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
28 July 2008 What is the capital asset you are referring to? Why are you transfering it to stock intrade?
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