Accountancy, asked by rosarioreis44, 10 months ago

which items comes under dead stocks? examples please

Answers

Answered by 9Lucky9

1

ANSWER:

Selling to close out and liquidation retailers.

Donating to charity in exchange for a tax write-off.

Giving it away as a gift with purchase.

Bundling it with other products offered collectively for less than the cost of buying them individually.

For apparel, selling dead stock to consignment stores.

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