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Entry of advance tax
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Answer / sudheer
Entry for Advance Tax:
Advance tax Account Dr
To Bank Account
| Is This Answer Correct ? | 70 Yes | 6 No |
Answer / shoban
ADVANCE TAX A/C DR
TO BANK A/C
BEEING PAID ADVANCE TAX
| Is This Answer Correct ? | 47 Yes | 4 No |
Answer / ch.sandeep kumar
1) Advance tax a/c.......Dr
To Advance tax payable a/c
(Being advance tax payable)
2) Advance tax payable a/c...Dr
To Bank a/c
(Being advance tax paid)
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / kishore chandra bisoi
Advance tax a/c dr.
To advance tax payble a/c.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / riaz sain
Debtor Account 100000 DB
Sale 98040 CR
Advance Tax 1960 CR
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| Is This Answer Correct ? | 1 Yes | 4 No |
If vendor is deducting TDS amt while paying, how to pass entry inbooks. Will it be TDS recoverable/TDS payable a/c. kindly clarify
Revenue Expenditure
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