its Simple depend on the Sales of Direct income what is
system of company
right from April to march what is the sales or direct
income that is the turnover of contrctor
in the case of sale means whatever they sale (cement
desarts etc. )
A finished building which is registered before 31-03 will
be the sale of the construction company. The buldings
completed not yet sold are finished goods. The construction
not yet completed are Process stock. The cement, steel
materials etc and the land not yet started for construction
are raw materials.
Your grandfather is 75 years old. He has total savings of
Rs.80,000. He expects that he live for another 10 years and
will like to spend his savings by then. He places his
savings into a bank account earning 10 per cent annually.
He will draw equal amount each year- the first withdrawal
occurring one year from now in such a way that his account
balance becomes zero at the end of 10 years. How much will
be his annual withdrawal?