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Dear friends, Please help me by suggesting some methods to reduce the profit in the books of accounts. No strict audit is applicable.
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Hi, I don't know about the accounting standards in saudi, but generally to reduce the profits, you have to increase the expenses (obviously) like increase the administrative expenses (rent, electricity etc), book some loss on sale of assets and replace the old with new (assets) etc...
this is wrong question and unlawful one. in public forum you should not ask such type of questions. regards rk
Dear sir/Medam,
I have registered in great Cite.finance forum and i am posting the queries and my doubts to share with you valuable people but i didnt get any reply from cite finance can any body tell me where the problem is and how to post the query please share me
regards
krishna reddy
Increase the expenses which reduce the profit and same amount bill to be payable which is shown in liabilities side of B/S no effect no B/s and reduce the profit .
If opening stock $ 3000 closing stock $ 5000, sales $ 40000 and margin 20% then stock turn will be ?????
Dear friends good evening , How to download sales tax CST 2% against for the c form pls tel frds
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