CA Foundation doubt
Can anyone tell me how this 6000 and 3000 are recorded??
Asked by Zoyaaa14 Jun 2024343 views
2 answers
Chauhan · 14 Jun 2024
Reduction in value on account of default is 15500 -12500 = 3000 this is loss Because customer don't except the delivery due to default
Prashant · 14 Jun 2024
Loss on revaluation of slow moving- 11250-5250=6000
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