Making of trading account

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imran ali (Querist)
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24 July 2014 sir I am not maintaing books of acct so I am declaring sales 300000 so what will my profit and what I will declare my closing stock

Nikhil Kaushik online

Nikhil Kaushik online

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24 July 2014 if you are not maintaing books, you wont be declaring any closing stock...profit has to be minimum 8%.

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