Dear Club Members,
What are the ways & means (i.e., Book Adjusments) to bring good amount of profits in books apart from Adjustment in Closing Stock?? Like keeping all the statutory provisions of Income tax, etc in mind???
Regards,
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How to bring profit in books of accts.
Replies (3)
Increase your sales and reduce expenses...i think its the only way .. :)
capitalise certain exps if possible, example business promotion , advertisement...
amortise over 3-5 yrs, so tat current period's exp can be reduced
Dear Nazia,
Well, thank you for your valuable comments...
Can u provide some other alternatives also??
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