Stock adjustments
This query is : Open
Haridas Pandarathil
(Querist)
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
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
CA Rashmi Gandhi
(Expert)
07 May 2017
Closing Stock Entry
Stock A/c
To Trading A/c
Opening Stock entry
Trading A/c
To Stock A/c
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