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Accounting Interview Question:
What are premises in accounting sense? What is VAT adjustment?
Submitted by: AdministratorPremises 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 deducted from vat collected from sales this adjustment is known as vat adjustment.
Submitted by: Administrator
Submitted by: Administrator
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