what is a difference between Sale as per return or sale as
per book.. please explane it..
Answer Posted / roshan
sales as per return means every month we going file a sales
return that is collected at the time of sales.
sales as per book means that the company maitain a books
for sales that we entered in the sales book in that both
including and excluding sales tax is taken
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Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales