Easy Office
LCI Learning

Balance Sheet

This query is : Resolved 

22 March 2017 When prepare Balance Sheet,P&L of small trader, retailer & businessman who's turnover below 20lakh which ratio should maintain. or logic applied

22 March 2017 It depends on business and turnover, less turn over assassee wants to take benifit of minimum tax slab and savings which falls below minimum tax slab.
It also depends on product and nature of dealers, wholesalers margin will be less declare minimum percent, retailers disclose little bit higher than wholesalers.

23 March 2017 thank you. for bank point of view which ratio should important in balance sheet




23 March 2017 Current ratio 2:1, debt equity ratio 1:1, quick asset ratio 1:1, GP %Should be constant or increasing with turnover, NP %should be increase with turn over, refer ratio @ click of button in my shared files.

23 March 2017 Downloaded which you upload in 2015,
one more Q Sir,
The person who invested in KVP of Rs 2500000 on 15.04.2015 how much interest should come under income from other source. is there any deduction available for KVP





You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries