Kuri system

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 April 2012 How to account kuri loss ?
Please Specify how can we treat the kuri accounts in our financial statement?wat will be the entries for the treatment of kuri discount and kuri divident?how can we calculate the same?

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C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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23 April 2012 I think you are asking for quarry which relates to mining. There is no specific method it is just double entry. When material is taken out the same is debited to material cost and overburden removing cost is also debited to raw material cost.

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