What should be the entry for Damaged stock in Tally?
I don't know hot to make entry in Tally for this.
Pls. help.
Thx
Gurmet Siingh (Chartered Accountant) (413 Points)
24 June 2009What should be the entry for Damaged stock in Tally?
I don't know hot to make entry in Tally for this.
Pls. help.
Thx
CA Jimmit D Mehta
(Employed)
(494 Points)
Replied 24 June 2009
AS PER MINE KNOWLEDGE
THERE SHOULD 3 ENTRIES:
FIRST
DAMAGE STOCK ...dR
TO STOCK
SECOND
P & L ...DR
TO DAMAGE STOCK
THIRD FOR SALE OF DAMAGE STOCK
SALE OF DAMAGE STOCK ...DR
TO TRADING A/C