Loss of stock

Should i credit drawn goods by partners at cost or sales value in trading a/c

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Hemanth Vadagam

CA Inter

★ 0

23-Nov-20 12:43

Answers (2)

Cost. And exclude that portion from gross profit computation.

Suraj Lakhotia

Admin

23-Nov-20 16:52

Cost. And exclude that portion from gross profit computation.

Thank u sir

Hemanth Vadagam

CA Inter

★ 0

23-Nov-20 16:53

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