OBYKLLR3204 OBYKLLR3204
  • 10-10-2017
  • Business
contestada

How are issues such as customer theft and spoilage addressed at year-end?

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meerkat18
meerkat18 meerkat18
  • 20-10-2017
In accounting, the inventory is always done annually so inventory must always be accounted for at the year end. In order to address issues such as customer theft or spoilage, you have to minus (it's market value) from the beginning inventory. 
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