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How to Account for Stolen Inventory: Revision history

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21 March 2023

  • curprev 08:1608:16, 21 March 2023 Lukegao1 talk contribs 1,604 bytes +1,604 创建页面，内容为“ Accounting for stolen inventory involves adjusting the financial statements to reflect the reduction in inventory caused by theft. Here are the steps to account for stolen inventory: 1. Determine the value of the stolen inventory: The first step is to determine the value of the inventory that was stolen. This can be done by conducting a physical inventory count and comparing it to the inventory records to identify the missing items. 2. Record the loss: Once…”
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