Journal for stolen goods

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ford
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Journal for stolen goods

Hi,

I have to do a journal for goods that were stolen

They were stock items stolen but we don't have a stock figure and they were not already in the asset register

So I guess I do a journal to purchases but is it a debit or credit and what does the other side of the journal go to

thanks

 

 

2 REPLIES 2
Theresa_D
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Re: Journal for stolen goods

Hi @ford 

 

Thanks for your post.  For this situation I would recommend speaking with your accountant as I am unable to advise on how to allocate or report financial information. They will have the most relevant information on how to do this. 

 

We do have some accountants as partners on the forum so they might be able to assist with this. 

 

 

Cheers,
Theresa

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ford
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Re: Journal for stolen goods

Lets hope so

 

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