closing stock
This query is : Open
nishith jain
(Querist)
26 July 2016
I lost stock in fire in may 2015. the insurance claim for which is yet to settle. what should be the treatment for the same
26 July 2016
Hi,
Stock lost in fire to be treated as sale to insurance company, same should be reduced from closing stock.
Stock lost in fire to be treated as sale to insurance company, same should be reduced from closing stock.
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