Gross profit

Sir

We have started business in last year in May 2019. we are supplier of marbles cut piece. please suggest how much gross profit show in books of account. my GP is 7.74%
kindly asvise
Replies (3)
Quick Summary
This discussion addresses how a marble cut piece supplier, established in May 2019, should report their gross profit in their books of account. The user is seeking guidance on how to represent their current gross profit of 7.74%. The advice given is to show the actual profit.

Originally posted by : Surinder
SirWe have started business in last year in May 2019. we are supplier of marbles cut piece. please suggest how much gross profit show in books of account. my GP is 7.74%kindly asvise

Dear Surinder

Show Actual Profit 

Yes, Actually........I hope, ...we can 😂
Thank you very much sir

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