AS 2 Inventory

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164 Points Joined June 2016
As per AS-2, valuation of Inventories
Empty bottles are part of our inventory at zero cost but at the time of sale of bottles we recognised 100% amount in profit.
So my questions is what would be the journal entry?
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On 08 April 2019 at 15:07 Report
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Consultant & Teacher(Whatsapp 8718057907
1306 Points Joined November 2017
Bank ac. Dr.
To Sales
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On 14 April 2019 at 10:40


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