Accounting treatment of damaged inventory

what is the accounting treatment of damaged & spoiled inventory
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Quick Summary
This discussion explores the accounting treatment for damaged and spoiled inventory. Options include using inventory vouchers, debiting production costs, or writing off the items entirely. The consensus leans towards treating normal spoilage as a product cost, while abnormal losses should be charged to the costing profit and loss account. Provisions for future losses are generally not created.

You can do it through inventory vouchers ....... .......if it is happening while production , you can show the damaged or spoil items on the consume side  ..........

Write off all damaged goods. Damaged and Spoilage has a formula and cannot create a provision for it as its a future operating loss.

Lucily i have my cost and management accountancy book by Drury 

Spoilage is damage and it could be sold off as scrap or maybe debited to job card

Maybe charged to factory overheads allocating loss on other products

Abnormal Loss which can be controlled must be taken to costing p&l 

Normal spoilage or damage is charged to product cost. 

I think some of new answers are not coming into my new list. Donno why the it is so manipulative. 

If a doctor received free service from CA does it is recorded in the books of account of doctor as a gain/gift or any other benefits/income??

No need to mention anything. Not unless the ca is a related party and holds significant control over the doctor business. 

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