+91-7024984925

Forum

Adjustment of stock
 
Notifications
Clear all

≡ ⇑ Register / Login 

Let us know your doubts and queries in section down below.
Also, if you can solve the other person’s doubt and queries, then it will be a great help to all the people troubling out.

Adjustment of stock


Sundaraiah
(@sundaraiah)
Trusted Member
Joined: 3 years ago
Posts: 66
Topic starter  

Gst regular scheme dealer stock value mentioned as on 31.03.2020.

1. Stock value as per accounting ledgers books Rs.10,00,000/-.

2. Trader verify physical stock value Rs.12,00,000/-

 Trader  how to adjustment Difference stock value rs.2,00,000/-.


Quote
CA Riya
(@riya)
Member Moderator
Joined: 3 years ago
Posts: 45
 

Sir you can introduce your stock by debiting Stock account and crediting capital account of proprietor. 

Also, you can adjust with cash or debtors as well. 


ReplyQuote
Share:

DisclaimerDon’t Forget to subscribe your query. If you donot find Mail from BabaTax, Kindly Check your promotion or spam mail inbox. Thank you for being a part of this GST forum. Your support and time is precious for us. Stay connected with us.

For any kind of support kindly write us at support@babatax.com.

Any mistake, error or discrepancy in this site or design or comments to be brought in our notice which shall be taken care of accordingly and every efforts shall be made to rectify without loss of time.

The views expressed in the answers of GST forum queries are strictly personal. Contents of GST forum are solely for informational purpose, not for any professional advice or suggestion. Author does not accept any liabilities for any loss or damage of any kind arising out of information and for any actions taken in reliance thereon.

You agree that www.babatax.com has no liability, obligation or responsibility for any such correspondence, purchase or promotion between you and any such third party.

MENU