26 August 2012
respected sir opningstockfor fy 2011-12=500000 purchases =1000000(inc 5%vat) total ---------- =1500000 my sales during fy 2011-12 is 1400000(inclusive 5%vat).and i got gross profit at 10% for fy 2011-12
please caliculate purchase value put to sale.during fy2011-12.
CAclubindia
