Closing stock
This query is : Resolved
07 October 2016
how to calculate closing stock construction company which method/IAS ..
Civil construction contract work with material
Purchase material -14090238
Direct exp-5914462
work done completed
sale/income booked-19000000
Civil construction contract work with material
Purchase material -14090238
Direct exp-5914462
work done completed
sale/income booked-19000000
08 October 2016
If completed no W.I.P. Have to follow AS-7.
08 October 2016
AS-7 APPLICABLE ON BUILDER PCM CALCULATION. BUT HE IS CIVIL CONTRACTOR RUNNING ACCOUNT BILL RAISED TO BUILDER.
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