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18.10 summary of stock control
- 2. © Michael Allison, Trinity Grammar School.
Author’s permission required for external use
18.10 SUMMARY OF STOCK CONTROL
Stock Control [A]
Stock is purchased from
suppliers
There is a stock gain
The owner contributes stock
personally
Stock is sold to customers
There is a stock loss
The owner withdraws stock
for personal use
Stock is donated for
advertising purposes
Sales return from a
customer
Purchase return to a
supplier
Stock write down to the Net
Realisable Value