CA Foundation doubt
1)Are goods sent on approval by us, included in our book stock? 2) Are goods send in consignment by us, included in our book stock?
Asked by Raghav10 Jun 2024393 views
2 answers
CA · 10 Jun 2024
2. Yes goods sent on consignment should be added in our books until and unless it is sold by the consignor if the good are sold it will not be added
CA · 10 Jun 2024
1. It depends if the goods are not received before the stock verification it will be added and if the goods are recieved after stock verification it will be subtracted.
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