Trail production of consuable products
This query is : Resolved
02 August 2015
WHAT SHOULD BE ACCOUNTING TREATMENT FOR TRAIL PRODUCTION OF NEW PRODUCT FINISHED GOODS (NOT PLANT).AFTER TRAIL PRODUCTION FINISHED GOODS IS NOT SALEABLE.THE FINISHED GOODS CONSUMED THE RAW MATERIAL LIKE SUGAR,MAIDA GHEE ETC....FOR YOUR KIND INFORAMTION PLANT IS NOT NEW IT IS OLD,ONLY NEW PRODUCT IS EXPERIMENTED WHICH IS NOT SUCESSFUL SO THE WHAT IS THE TREATMENT FOR RAW MATERIL COST.
02 August 2015
Charge it as new product exploration expenses.
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