Amalgamation

Accountancy

Which one is correct sir? Unrealised profit entry P&l a/c..dr To cash a/c (Or) P&l a/c..dr To stock a/c....

anju B

CA Inter

★ 21K+

04-Nov-20 11:44

698

Answers (1)

Second entry. You have reduce the value of stock, by reducing the profit element

Kumarjit Dey

CA Inter

★ 4K+

04-Nov-20 15:24