accounting principles

CPT 135 views 1 replies
causes of which principle the purchase of assets is not debited to purchase A/C?
Replies (1)
if purchasing and selling assets is your business then you will debit purchases a/c when you purchase asset or else you will debit asset a/c
as simple as that
why do you need a principle for that??


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register