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Stock treatment

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(Querist)
04 July 2012 What will the accounting treatment in case of difference found while taking physical stock.
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
04 July 2012 You shall have to pass a stock JV to reduce the value of the closing stock. which indirectly would reduce your profit.
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Vinod Kumar Mathuria

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Vinod Kumar Mathuria (Querist)
05 July 2012 Mr. Hari Kishan

Can you write the treatment entry. given dr. /cr




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