Hello Experts,
As per 2017-18 balance sheet our closing stock is 10086081 including stock at
godown & work in progress of the projects.
In the year 2018-19 we have cleared all our stocks at godown & our projects have been shortclosed where there is no work in progress. In this case my sales is 1.21 cr, purchase is 8.33 L, op/s will be cl/s of last year so there will be more expenses,
In this case we can get only loss, how can we increase our profit margin here?
Help me out in this pls
you must need to value your stock at end of year ... following completion method and finds difficulties take a view of CA...
by following this up will get converted in to profit over the time
CAclubindia
