Stock Discrepancies: Reasons and Steps to Avoid | Accounting
In this article we will discuss about:- 1. Reasons for Stock Discrepancies 2. Steps to Avoid Stock Discrepancies 3. Accounting Procedure. Reasons for Stock Discrepancies: The possible reasons for discrepancy between physical stock and stock shown in records may be due to the following: (a) Shortage of material due to spoilage, evaporation, wastage in material handling, breakdown in handling and [...]