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why all the people prepared balance sheet like liabilities
and assets ? why not we prepared like assets and liabilities
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Answer Posted / shilpa solanke
DEBIT SIDE WE ALWAYS RECORDED EXOENSES & CREDIT SIDE INCOME
THEN HOW WE CHANGE PLACE TO DEBIT SIDE ASSETS & CREDIT SIDE
SIDE LIABILITIES.CAUSE ASSETS IS A INCOME & LIABILITIES
EXPENSES OR CAPITAL
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