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How to reverse provision stock

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12y ago

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In the P and L A/C calculate the percentage mentioned for provision for doubtful debts on sundry debtors and write the amount. This will be your new provision


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To pay zakat on stocks, one can calculate the total value of their stocks and then give 2.5 of that value as zakat. This can be done annually or whenever the value of the stocks reaches the nisab threshold.


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