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Stock rejection

This query is : Resolved 
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(Querist)
25 August 2013 We are a Manufacturing company. How do I show the material that has been rejected and sent back to us and is totally useless. How it has to be written off in books (in P & L account).
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Ganeshbabu K

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Ganeshbabu K (Expert)
25 August 2013 debit ti profit and loss account as "loss in value of stock,,provide reason/facts of transaction in narration
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In the same way reduce from stock
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