Differences in material receipt

Write down the differences in material receipt?

E

Expert

Verified

There are two categories of material differences which are illustrated below:

First category consists of-

- Quantity received in surplus
- Quantity received in small
- Quantity damaged
- Receipt of mistaken quantity of material.

These differences are normally caused through the transportation system.

Second category consists of – Differences in quality of material supplied.

These Differences are caused through the manufacturer.

   Related Questions in Accounting Basics

©TutorsGlobe All rights reserved 2022-2023.