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Stock reserve

Accountancy

Can we adjust stock reserve in trading account itself if there is no indirect Expenses or Only in profit and loss A/c ?

M Naresh

M Naresh

CA Final

★ 3K+

04-Jul-21 07:32

538

Answers (1)

It's convention to adjust at the end in Profit & loss A/c

Sahibdeep Singh

Sahibdeep Singh

CA Inter

★ 14K+

04-Jul-21 21:41

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