How to reverse provision stock
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
how to calculate provison for income tax
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.
Check with a gunsmith. My usual source of parts for obsolete rifles is sold out of stocks for a Model 34, but a smith may be able to locate one for you. That is a very old rifle, and new stocks are not available- and used ones are scarce.
A lineal or running foot is a measure of distance in a near-obsolete system of measurement. It is equivalent to 0.3048 metres.
To calculate the provision for dead stock, first identify items in your inventory that have not sold for a specific period, typically over a year. Next, assess the total value of these items and estimate their obsolescence or disposal costs. Finally, create a provision by setting aside a percentage of this total value, reflecting the anticipated loss due to the dead stock. This amount can then be recorded as an expense in the financial statements to account for the potential loss in inventory value.
Obsolete is an adjective.
you go to a farm ask the farmer how old he is and buy however many stocks is age is
Stock indices are constructed by selecting a specific group of stocks that are representative of a particular market or sector. These stocks are weighted based on factors such as market capitalization or price. Changes in the prices of the individual stocks within the index are tracked and used to calculate the overall performance of the index.
OB is the abbreviation for obsolete.
obsolete
dinosaurs are obsolete.