Menu
Departmental accounts problem
Friends . . It is written in the ques that stock of J are transfrd 2 J At GP OF 20per on sales . . .
is it mean that we have to record that in trading account at 20per of the stock or at 25per. ? .
Replies (2)
20% of Sale=25% of Stock
Stock 100
Gp 25
Total 125
20% of 125= Rs. 25.ie 25 % of Stock
20% of Sale=25% of Stock
Stock 100
Gp 25
Total 125
20% of 125= Rs. 25.ie 25 % of Stock
Recent Threads
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
Related Threads
CAclubindia
