Loss stock calculation
This query is : Resolved
13 January 2020
Our organisation set up for procurement of agricultural product. We give market cess on purchase price of agricultural product. 96 quintal stock have damaged due to rain. Can we add market cess for calculation of loss statement ?
14 June 2020
I think it can not be added and only all forms of direct cost associated with it needs to be shown as loss of stock from rain..
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