Accounting treatment for diffirence of books and phisical i
This query is : Resolved
05 September 2013
what is the accounting entry/treatment for difference between phisical inventory and books inventory?
05 September 2013
Shortage in Inventory A/c dr.
To Inventory A/c
To Inventory A/c
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05 September 2013
thanks for your valuable suggestion.
whather shortage in inventory will be charged in cost of goods sold or directoly to P/l account?
whather shortage in inventory will be charged in cost of goods sold or directoly to P/l account?
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