Interested to Buy Any Domain ? << Click Here >> for more details...
HI EVERYONE
I WANT TO KNOW, CAN WE ISSUE DEBIT NOTE OR CREDIT NOTE
AGAINST STOCK TRANSFER , IF WE ISSUE OR NOT ISSUED THENY
WHY PLZ EXPLAIN
- 2 Answers
- 6276 Views
- Carlton, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
For Stock Transfer from one branch to another or from
Principal to Agent or Consignee, 'Stock Transfer Note" needs
to be issued and not Debit or Credit Note. In case of Stock
Transfer, there will not be any transactions between
different entities resulting in transfer of property in the
goods and hence the transaction will not result in any
financial obligation or right between the transfer and the
transferee.
Stock Transfer can reflect Cost of goods or in case each
branch is treated as a profit centre, the value can be
Cost+profit, as per the policy of the company.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / singhtalwinder_0007
as well as i can understand that debit note or credit not
may be issued.
| Is This Answer Correct ? | 7 Yes | 4 No |
Balance Sheet comes under which account? a)personal a/c, b) real a/c, c) nominal a/c
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
I WRITE GROUP-4 EXAMINATION.I STADIYING INTERMEDET HOW MANY PARSANTEGE OF GROUP-4 EXAMINETIN
Why don't show the opening & closing stock in Trial Balance.
what is the differece between salary and remuneration?
how to pass year entry for incomtat payment.
saji become insolvant -what is journal entry
Mention why some asset accounts have a credit balance?
If any co. purchase goods from abc co. payment will made in advance. Can abc co. is creditor or not. Pls. answer.
What are the golden principles of accounting? Give an example for each.
Can u explain Invoice format in details?
amount paid to rajiv as tour advice-2000
Audit 
