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company shutt o
company has agree to stop his business and in the fy 1617 company started a business and at the end of the year in the company books company has stock in hand of Rs 580000. but physicaly their is no stock in hand all the stock clear at the end of the year but its not recorded in the book.. so at this stage how can we set off the company record
Replies (1)
accounting: if you are alter the stock info as nil. it will affect on profit (decrease).
entry made in financial year 2017-18, then adjustment entry is prior period items.
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