What will be the journal entry of provision for income tax
in the financial year .
Answers were Sorted based on User's Feedback
Answer / ankush rawat
P & L Appropriation A/c ..........Dr.
To Provision for income tax A/c
| Is This Answer Correct ? | 157 Yes | 15 No |
Answer / brahmam
income tax a/c
to provision for income tax a/c
| Is This Answer Correct ? | 28 Yes | 12 No |
Answer / abhishek
p/l a/c ......... dr
to provision for income tax
| Is This Answer Correct ? | 17 Yes | 5 No |
Answer / shreenivas dushi
Income tax (expenses)A\c...Dr
To Provision for Income tax A\c.
| Is This Answer Correct ? | 22 Yes | 13 No |
Answer / tunde
on prov
dr p&l appropriation
cr prov for tax
on payment
dr prov for tax
cr cash/bank
| Is This Answer Correct ? | 14 Yes | 7 No |
Answer / sapna agarwal
profit & loss A/C Dr
To provision for tax A/C
(being provision created for the financial year)
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / mehtab ahmad
1. income tax a/c dr. (amount)
to provision for income tax a/c
2.p&l a/c dr. (amount)
to income tax a/c
or
p&l a/c dr.
to provision for income tax
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / ravinder attri
Income Tax (Exp.) A/c Dr.
To Provision for Income Tax
(But we will add Income tax (exp.) A/c in Profit while
computing Income tax on profit.)
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / shyam singh rana
P & L Appropriation A/c ..........Dr.
To Provision for income tax A/c
| Is This Answer Correct ? | 3 Yes | 0 No |
When we deposits FBT? How to calculate FBT?
what are the steps used in UAT in Oracle Apps?
EXPAND_________ZBA
i m having interview in federal bank for the post of PO, as i hv cleared the written exam. Please tell me how to prepare for that interview?
1 Answers Federal Bank, State Bank Of India SBI,
what is a marchant banking
Dear sir i had been called for ntpc interview and gd next month..please guide me for it!
What are direct and indirect expenses
EXPAND___________MAN
received interest on delay of payment of against of receipts accounting books will treat indirect income or direct income
principles of accounts
what is the Assessment Year for the Previous year 2008-09
Which are Accounting Standers?