Theft item entry in tally 9
tushar (teacher) (26 Points)
15 April 2014
how to
theft item entry in tally 9
veeru sagar
(BBE,M.com,CA Final )
(468 Points)
Replied 15 April 2014
dear tushar
the entry for the theft items , the theft items are in the nature of abnormal loss , so we can not charge it into the Profit and loss account ,
in case of company
(1) Purchase A/c (Dr)...............XXXX
General Reserve A/c (Cr)............XXXX
In case Individual proprietorship
(1) Purchase A/c (Dr) ...............XXXXX
To Capital A/c (Cr) .................XXXX
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