Please can anybody help me regarding what is inventory difference write-off and its disclosure in the balance sheet of the Company.
Thank you.
Ms. Dipti Ghodekar (CS Final) (43 Points)
18 July 2010Please can anybody help me regarding what is inventory difference write-off and its disclosure in the balance sheet of the Company.
Thank you.
Ms. Dipti Ghodekar
(CS Final)
(43 Points)
Replied 18 July 2010
Originally posted by : Ms. Dipti Ghodekar | ||
Please its urgent |
Ayushi
(student)
(51 Points)
Replied 19 July 2010
Originally posted by : Ms. Dipti Ghodekar | ||
Please can anybody help me regarding what is inventory difference write-off and its disclosure in the balance sheet of the Company. Thank you. |
According to me the inventory difference represents loss...and the accounting treatment will depend on it being normal or abnormal loss as the case may be...!
Abhishek Ravi
(Student)
(32 Points)
Replied 06 June 2011