what is the consequences arise when a dealer sells goods when there is a negative stock?ie the dealer has sold goods without purchase bill.
Consequences of goods sold without purchase bill
MNarayanan (Book- Keeper) (169 Points)
21 September 2010MNarayanan (Book- Keeper) (169 Points)
21 September 2010what is the consequences arise when a dealer sells goods when there is a negative stock?ie the dealer has sold goods without purchase bill.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 01 December 2010
stock can not go negetive, the sales so arised would be deemd as sales against unregistered purchase