opening Stock ??
This query is : Resolved
24 May 2011
Dear Sir
I am doing backlog work of FY07-08 my client I.T.Advisor give me only three figure,i have nothing papers of previous year FY06-07 Balance Sheet,trading p&l a/c sheet.
Gross Receive 590000.00
Expenses 480000.00
N.P. 110000.00
------------------------------------------
i book all purchase & sales as below
Purchase 330570.00
Sales 590000.00
my query is how can i find opening stock value at 1.4.2007 and how can i find g.p. on 31.03.2008 and expenses sum of Rs. 480000.00
please guide me
thanks in advance
Arshad
I am doing backlog work of FY07-08 my client I.T.Advisor give me only three figure,i have nothing papers of previous year FY06-07 Balance Sheet,trading p&l a/c sheet.
Gross Receive 590000.00
Expenses 480000.00
N.P. 110000.00
------------------------------------------
i book all purchase & sales as below
Purchase 330570.00
Sales 590000.00
my query is how can i find opening stock value at 1.4.2007 and how can i find g.p. on 31.03.2008 and expenses sum of Rs. 480000.00
please guide me
thanks in advance
Arshad
03 June 2011
i resolved this problem
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