Dear All,
Please help by providing the solution. how we treat the replacement of product in terms of it's accounting.( In case of damage product replacement)
Regards
Menu
Inventory
Replies (1)
On product given to the customer (stock adjustment )
1. Replacement exp A/c Dr. <Cost>
To Trading A/c <cost>
2. On loss charged to profit and loss a/c
Profit and Loss A/c
To Replacement exp a/c
Recent Topic
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
- Section 54F deduction - GST and Stamp Duty cost wh
- Professional Crossed 20 Laks in Dec 26 Failed to T
- F&O in ITR
- CA Final Self pace Module
- Query Regarding House Ownership Transfer Reflected
- Money transction within Family
- ITR-2 salary breakup updation
- Application for ₹2 Crore Term Loan under Cre
Related Topics
CAclubindia
