14 July 2023
i have one clinet and his trading account (IT IS 44AD IT RETRUN AND IT IS MANUALLY EXCEL TRADING ACCOUNT)
PARTICULAR AMT PARTICULAR AMT OP BAL 2,85,200 SALES 8,45,860 MATERIAL PURCHASE 4,20,360 GROSS PROFIT 4,90,900 CLOSING STOCK 3,50,600 TOTAL 11,96,460 TOTAL 11,96,460
MY QUESTION IS HOW TO REDUCE CLOSING STOCK AND WHICH ENTRY MADE DR OR CR SIDE