do you have debit and credit in balance sheet

Answer Posted / om. maliya

NO ! We can not say that. But Balance Sheet has always
divided in two parts One is LHS has LAIBILITES and RHS has
ASSESTS. All credit entry which has not included in P & L
A/c comes in balance sheet laibilities side. same all
debit entry which has not included in P & L a/c comes in
assests side.

Is This Answer Correct ?    9 Yes 2 No



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