Loss of stock

Accountancy

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

715

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