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how to calculate revenue from operations and change in inventory while making profit and loss account


Chand Rani 27th Mar, 2020
Answer (1)
Aashima Puri 27th Mar, 2020

Hey aspirant, hope you are doing well!

In the financial statements (P&L) Revenue from operations means sales minus sales return and Changes in inventory of stock in trade means opening investory - closing inventory.


Hope it helps you , all the best for your future endeavours!

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