top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What are premises in accounting sense? What is VAT adjustment?

+1 vote
203 views
What are premises in accounting sense? What is VAT adjustment?
posted Jul 7, 2017 by Rupali Thakur

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Premises is and Fixed Assed in the accounting sense which is shown in the balance sheet in final accounts
Vat adjustment is out put tax - input tax the vat which is paid on purchase will be decucted from vat colledted from sales this adjustment is known as vat adjustment

answer Jul 8, 2017 by Swati Tyagi
...