Poonawalla fincorps
Poonawalla fincorps

I have one clinet and his trading account (IT IS 44AD IT RETRUN AND IT IS MANUALLY EXCEL TRADING ACC

This query is : Resolved 
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(Querist)
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

OTHERWISE EVERY YEAR CLOSING STOCK INCREASE
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Asha Kanta Sharmapro badge

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Asha Kanta Sharmapro badge (Expert)
20 August 2023 Closing stock is a funtion of Opending Stocks, purchases and sales made during the year.
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Accounts

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Accounts (Querist)
21 August 2023 I GOT IT THANK YOU SIR
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