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    dipalok's Avatar
    dipalok Posts: 1, Reputation: 1
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    #1

    Dec 8, 2011, 09:33 AM
    Journal entry for damaged inventory?
    What rectification journal entry should be passed if closing stock includes goods which are damaged?
    asraff's Avatar
    asraff Posts: 1, Reputation: 1
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    #2

    Dec 16, 2012, 11:20 PM
    Loss & damage a/c debit
    Inventory credit

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