newspaper is posted on the debit side of income and expenditure account whereas books where posted in asset side why?

Dear Student,
Kindl ypost the complete question so that we may know, what the company is dealing with. The things with which a company deals are its Goods and others are Assets.
Kindly be a little specific so that we may provide you with some meaningful help.
Looking forward to hear from you again:)

  • 0
What are you looking for?