Nonprofit Accounting Question:
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Define premises in accounting sense?


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 deducted from vat collected from sales this adjustment is known as vat adjustment.

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Described the functions of manger -accounts and manager-finance? Explain in detail?Can you define premises in accounting sense?