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Recording Stock Wastage in Accounts

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(Querist)
02 February 2009 How to record stock wastage in accounts(Passing Journal Entry)
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
02 February 2009 only trasnfer stock (Quantity)to wastage (scrap) account in stock register. no journal entry required. when it will be sale through sales Invoice atumatic it will reduce to your scrap stock.

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