BUY COURSES
APP 1FIN
What is the meaning of Memorandum Trading A/c?
Is it created only for insurance claim during loss of stock/loss of profit?
Kishore Anil
CA Inter
★ 395
15-Feb-21 14:45
24
Answers (2)
Best Answer
Memorandum is something which does not form part of regular books. So it can be prepared for any purpose.
Suraj Lakhotia
Admin
15-Feb-21 14:54
It is created to know the closing stock
ruchi lahoti
Moderator
15-Feb-21 14:52
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