Accountancy, asked by jangidkareena2003, 1 day ago

write a notes on stock reserve????​

Answers

Answered by kaushikpradeep621
0

Explanation:

stock reserve is the profit, which not realised by organisation as a whole. but when one department transfers goods to another department at invoice price, transferor department will book profit. that does not mean that organisation realised profit. when ever transferred department sold goods to outsiders, then we can consider that profit as realised

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Answered by crazydaisy07
0

Answer:

stock reserve is the profit, which not realised by organisation as a whole. but when one department transfers goods to another department at invoice price, transferor department will book profit. that does not mean that organisation realised profit.

Explanation:

hope it helps

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