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

CA Final

★ 3K+

04-Jul-21 07:32

690

Answers (1)

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

Sahibdeep Singh

CA Inter

★ 14K+

04-Jul-21 21:41