Menu
please could you tell Meaning of this sentence
2300 had been written off certain stock which was poor selling line, it having a cost of rs 6900
Replies (3)
It means a stock in order to bring to current realisable value amount of 2300 was written off as unrealisable value and stock was brought to current value following as 2 principle
cost was 6900 but due to less realizable value 2300 is written off means stock is now shown at a value of 6900 minus 2300 that is 4600
stock value. =6900
less: written off. =2300
---------------------------------------
closing value. =4600
less: written off. =2300
---------------------------------------
closing value. =4600
Recent Topics :
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
Related Topics :
CAclubindia
