Prepration of stock statement

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minakshi (Querist)
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01 August 2012
Dear sir,

what is the format for preparation of stock statement.

one of my frndz wants t take a loan of Rs. 100000/-
he has a business of tent nd catering...
bank manager has asd him to submit stock statement..
sometimes he was saying bank magr asd t give b/s and P/l aur kbi only bank statement...

can u plz tel me wt exact banks require for giving loan of Rs.1 lac nd plz share format of stock statemnt if u hav....

Thanks and Regards,
Minakshi

shibu

shibu (Expert)
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01 August 2012 Usually bank have a format. If not it is just like

Balance (Opening Date)
Receipts
Issues
Balance (Closing Date)

You can give it month-wise
Value of Stock shall exceed Rs1.5 lacs (approximate)