as we are working in erp jd edwards in this the company gives advances to their employee for expenses n receives the amount either by cash or receives the same by deducting the salaries wt type of accounting entry will be passed
3 6222Post New L&T Accounting General Interview Questions
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Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
pls tell me , what is the water content