Inventory - urgent query please help

This query is : Resolved

ROCK 1 (Querist)
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21 September 2017 Dear Sir/Madam

In an accounting system, Damaged goods/ promo goods/ personal use( Company ) goods are shown as separate accounts.

An automated entry in the system is coming as follows :
Damaged / Promo/Personal Use Goods A/c Dr 100
To Inventory Account A/c Cr 100

Due to this, in Cost of sales there is difference of the 100.

Can you guys please explain , how to treat damaged goods/promo goods ?

Any further clarification , please comment

ROCK 1

ROCK 1 (Querist)
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25 September 2017 What type of Experts you guys are ??? If you don't understand the question... then tell I can explain in detailed way. I was expecting answer.

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