becker cma

Updated CA/CS/CMA Online/Pendrive/Download classes available for May 21/ Nov 21 attempt. Call: 088803-20003

coaching
Prodamy

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

How to account for normal losses for retail unit

This query is : Resolved 

How should we consider normal losses in case of a retail unit for perishable items? Should we add to COGS (as a percent of purchase) or should we reduce from Markup based G/P?
Pls help me as soon as possible???

The amount of loss will be the purchase cost of the goods only.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


Similar Resolved Queries






Trending Tags