Treatment of Own Conusmption
This query is : Resolved
18 February 2009
Our Company is a Cement Manufacturing Company,
It also used some Cement for own consumption such as making factory building etc
so what treatment should be taken for this consumed cement. Is amount of comsumption should be add in Sale.
It also used some Cement for own consumption such as making factory building etc
so what treatment should be taken for this consumed cement. Is amount of comsumption should be add in Sale.
19 February 2009
First Entry:
Home / Self Consumption a/c Dr.
To Finished Goods a/c
Second Entry
CWIP (assets) a/c Dr.
To Home Consumption a/c
Home / Self Consumption a/c Dr.
To Finished Goods a/c
Second Entry
CWIP (assets) a/c Dr.
To Home Consumption a/c
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