Please can anybody help me regarding what is inventory difference write-off and its disclosure in the balance sheet of the Company.
Thank you.
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inventory difference write-off
Replies (3)
| Originally posted by : Ms. Dipti Ghodekar | ||
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Please its urgent |
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| Originally posted by : Ms. Dipti Ghodekar | ||
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Please can anybody help me regarding what is inventory difference write-off and its disclosure in the balance sheet of the Company. Thank you. |
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According to me the inventory difference represents loss...and the accounting treatment will depend on it being normal or abnormal loss as the case may be...!
https://blog.accountingcoach.com/inventory-write-down/
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