1. Is TDS asset or Liability ?.

2. Is TCS Asset or Liability ?.

3. Which is Debit side and Which is Credit Side in Balance
Sheet ?.

Answer Posted / nishanth

TDS will come under asset side.
TCS Also come under asset side
Asset side is debit in balance sheet and liabilities side
is credit in balancesheet.

Is This Answer Correct ?    8 Yes 24 No



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