Closing Stock

Hello Experts,

As per 2017-18 balance sheet our closing stock is 10086081 including stock at
godown & work in progress of the projects.
In the year 2018-19 we have cleared all our stocks at godown & our projects have been shortclosed where there is no work in progress. In this case my sales is 1.21 cr, purchase is 8.33 L, op/s will be cl/s of last year so there will be more expenses,
In this case we can get only loss, how can we increase our profit margin here?

Help me out in this pls
Replies (1)
you must need to value your stock at end of year ... following completion method and finds difficulties take a view of CA...
by following this up will get converted in to profit over the time

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details