Adjusted purchase and sales
This query is : Resolved
01 April 2015
what are adjusted purchases and adjusted sales?
01 April 2015
Adjusted Purchase means Net Purchase (i.e. Purchase net off Returns) and +/- of the Opening & Closing stock. In formula we can state as Net Purchase + Opening stock - Closing Stock.
Adjusted Sales means Gross Sales (including Sales Tax) minus Sales Returns duly adjusted with all Sales related allowance.
Regards
K.L.Paliwal
Adjusted Sales means Gross Sales (including Sales Tax) minus Sales Returns duly adjusted with all Sales related allowance.
Regards
K.L.Paliwal
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