E-commerce
Dead Stock Disposal / Write-Off
Writing off inventory that is completely unsellable and must be disposed of.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Allowance for Slow-Moving Inventory | Contra-Asset (-) | 2,000.00 | - |
| Merchandise Inventory | Asset (-) | - | 2,000.00 |
💡 Accountant's Note
When physically disposed, the inventory and its associated provision are both removed. If no provision exists, the full cost is expensed directly to Inventory Loss Expense.
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