Effect on profitablility
This query is : Resolved
29 October 2011
REspected sir,
if i reduce the sundry creditors, what effect does it make on profitability, whether it will increase the profit or loss.
plz suggest me.
if i reduce the sundry creditors, what effect does it make on profitability, whether it will increase the profit or loss.
plz suggest me.
29 October 2011
when you reduce creditors, your liability will reduce, increasing your profits
29 October 2011
Thanks sir,
and also if i increase the stock what effect will it make on profitability
and also if i increase the stock what effect will it make on profitability
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