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Describe the procedure for computing the loss of stock by fire.
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Answer / nithesh
loss of stock by fire--------dr
to trading a/c
being loss accurde amount charged to trading account
profit & loss a/c------------dr
to loss of stock by fir
being loss debited to p&l a/c
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what are Miscellaneous expenses? where it posted ?give with example and why it is call miscellaneous expenses
those who finished +2 accounts groups please give me +1 and +2 accounts books if any one have please mail me rbharath1978@gmail.com i need it urgent please help me
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