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INCOME TAX, SALES LEDGER BALANCE AND PURCHASE LEDGER BALANCE COMES UNDER WHICH SIDE OF TRIAL BALANCE AND WHY?
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INCOME TAX, SALES LEDGER BALANCE AND PURCHASE LEDGER BALANCE COMES UND...
Income Tax - Debit Side(Expense)Purchase Ledger Balance - Debit Side{Expense)Sales Ledger Balance - Credit Side(Revenue)
Rule - Debit all Expenses and Credit all Incomes/Gains
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INCOME TAX, SALES LEDGER BALANCE AND PURCHASE LEDGER BALANCE COMES UNDER WHICH SIDE OF TRIAL BALANCE AND WHY?
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