Easy Office
LCI Learning

Stock adjustments


07 May 2017 Sir, My question is related to closing stock adjustment and pass jv.
Our opening stock is RS. 2000, Purchase for the current year is RS.1500, Sale is RS. 3000. Closing stock mannualy taken RS.1000. I want to pass the JV for this closing stock in the system and transfer to next year opening stock. How to pass the jv.

Please help to sort out the issue

07 May 2017 Closing Stock Entry Stock A/c To Trading A/c Opening Stock entry Trading A/c To Stock A/c



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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries