What results are shown by the excess of debit balance over credit balance of Nominal Ledger ?

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What is your opinion about Debit and Credit Note in Sales Tax Law?
Posted by:
Muhammad Zain
09-April-2018

Question added by Muhammad Zeeshan Hyder , Chief Accountant , SAED Group International (Al Dabbagh Group)
Date Posted: 2014/11/22

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1 Answers

by Murad Ali Khan , Assistant Accountanat , Finance Department, KPK

You have cash in hand equivalent to the debit balance B/F

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