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Accounting Entries 692 views 1 replies

what is stock recocilation?? how to do it????

Replies (1)

Hi

Akash Stock reconcialation means Stock on paper & stock actual.

cuz.some time it happens that on paper it shows more but physically when you took you will find lesssmiley, it happen due to error of omittion or error of malpratice of accounting.

That why in every month in a organisation Physical Stock is checked.

Thanks

 


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