Agriculture
Post-Harvest Spoilage (Inventory)
Recording the loss of picked produce that rotted in storage.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Inventory Loss (Spoilage) | Expense (+) | 200.00 | - |
| Inventory (Harvested Produce) | Asset (-) | - | 200.00 |
💡 Accountant's Note
Once harvested, the produce follows IAS 2 (Inventory) rules. Any spoilage is an immediate expense.
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