Accounting entry related to stock


This query is : Resolved 

(Querist)
31 December 2013 How to Pass entry when inventory is used for business purpose?

31 December 2013 Capital A/c ...dr
to Stock a/c

Being stock used for self consumption

Saheemdalvi (Querist)
31 December 2013 Dear Sir,

Thanks for your reply, but the stock is used for business purpose not for personal use so how we can show in capital a/c.

31 December 2013 then in such case there is no other a/c which you can utilise..is there any then tell me/


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