What will be the journal entry of provision for income tax
in the financial year .
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Answer / g.naveen
Income Tax A/c ------- Dr
To Provision for Income Tax A/c.
( Being the provision made for the Income Tax )
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / kumardeepak.009@gmail.com
This is the right Answer
Profit and loss account Dr
To Provision for income tax
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / bhagyashri
p&L Apropriation A\c----Dr.
To Provision For Income tax A\c
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / mvs ramani
P & L Appropriation A/c ..........Dr.
To Provision for income tax A/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / riya
Profit & Loss A/c Dr.
To Provision for income tax A/c
(Being provision made for tax)
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / amit
P&L a/c ---------Dr.
to prov. for income tax -----Cr.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pooja bihani
Income tax A/C to be debited and Provision for income tax A/c
to be credited.
| Is This Answer Correct ? | 0 Yes | 0 No |
incom tax a/c dr
to Income tax payable a/c
| Is This Answer Correct ? | 20 Yes | 25 No |
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