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Loss of stock

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

Hemanth Vadagam

CA Inter

★ 0

23-Nov-20 12:43

307

Answers (2)

Cost. And exclude that portion from gross profit computation.

CA Suraj Lakhotia

Admin

23-Nov-20 16:52

CA Suraj Lakhotia Admin

Cost. And exclude that portion from gross profit computation.

Thank u sir

Thread Starter

Hemanth Vadagam

CA Inter

★ 0

23-Nov-20 16:53

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