if employee mistakenly given extra unit of product where we record it and what is the title name for it??
Replies (3)
Quick Summary
This discussion addresses how to record and account for situations where an employee mistakenly gives a customer more products than ordered. It explores two potential accounting treatments: debiting the responsible employee's account or recording it as a loss in transit claim. The core issue is how to accurately reflect this expense in the company's books.
Suppose a customer demand 100 mobile phone and employe of the firm give 120 mobile phone by mistake where this expense is recorded and what is the appropriate name for it