Please Help: Accounting
Posted Date : 13-Apr-2012 , 04:52:51 pm | Posted By: Vandana Kaushik
Category :
Accounts | Answers :
1|
Comments :
2| Hits: 359
|
|
Accounting Entry of Stock of Medicine expired as well as vat credit taken on those goods. so Basically Medicine expired and destroyed and reversal of input credit Entry |
 |
|
|
Answers:
|
 Answer by: Rishabh Upadhyay |
| charge both "loss of stock" and "vat" to P&L Account
|
|
|
| Comments |
| Posted By : RAKESH KUMAR |
05-May-2012, 02:42:28 |
| 1.LOSS OF STOCK DR
TO PURCHASE A/C
2.LOSS OF STOCK DR
TO INPUT VAT |
| |
| Posted By : Vandana Kaushik |
18-Apr-2012, 11:55:28 |
| Kindly tell me proper Accounting entry |
| |
|
|
|
|
