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jpurnal entry for provision for taxation? mention clearly?
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Answer / bhupender janmejai
Taxation acc. DR
to provision for taxation acc. CR
At the time of payment of tax..
Provision for taxation acc. DR
to cash or bank acc. CR
| Is This Answer Correct ? | 22 Yes | 3 No |
Answer / madhulika2011
1)
P & L A/C...DR.
TO PROVISION FOR TAXATION A/C
2)
PROVISION FOR TAXATION A/C...DR.
TO TAX PAYABLE A/C
3)
TAX PAYABLE A/C...DR.
TO BANK OR CASH A/C
| Is This Answer Correct ? | 1 Yes | 0 No |
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