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Treatment of Own Conusmption

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(Querist)
18 February 2009 Our Company is a Cement Manufacturing Company,

It also used some Cement for own consumption such as making factory building etc

so what treatment should be taken for this consumed cement. Is amount of comsumption should be add in Sale.
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Vikram

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Vikram (Expert)
19 February 2009 First Entry:

Home / Self Consumption a/c Dr.
To Finished Goods a/c

Second Entry

CWIP (assets) a/c Dr.
To Home Consumption a/c

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