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Accountancy

Sir the problem is the answer given in attachments are correctly done sir Sir if I am wrong please suggest me sir

sai t

CA Foundation

★ 2K+

17-Dec-20 18:10

264

Answers (3)

Since the relevant date is 30th June. You need to take profit from 1st July till 30th June. So basically you need to convert profits from Jan-Dec to July to June.

CA Suraj Lakhotia

Admin

18-Dec-20 18:25

CA Suraj Lakhotia Admin

Since the relevant date is 30th June. You need to take profit from 1st July till 30th June. So basically you need to convert profits from Jan-Dec to July to June.

Sir why to convert profits sir they have already given sir??

Thread Starter

sai t

CA Foundation

★ 2K+

18-Dec-20 18:44

Thread Starter

sai t

Sir why to convert profits sir they have already given sir??

They gave from Jan-Dec of each year.

CA Suraj Lakhotia

Admin