paid Rs.500 to tax amount which was due for two months pass
journal entries
- 6 Answers
- 7715 Views
- HP, I also Faced
- E-Mail Answers
Answer Posted / dhanesh chandramangalam
if payable entry is passed , the enrty will be
tax payable a/c dr 500
to cash/ bank 500
if payble enrty is not passed, the entry will be
tax a/c Dr 500
to cash/bank 500
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
what is valuation code and valuation modifier in sap fico
What is an ea in accounting?
x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?
what is a register when referring to accounting or bookkeeping?
What does it mean to do accounting training outside of public practice?
Do you know company's payable cycle?
What is the dual aspect concept?
what is the due date of 28th feb
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
What are the advantages of double entry system?
What is the rate of penalty charged when the given Vat Cheque dishonoured?
while raising credit note for price difference,is it mandatory to charge excise duty 12.36% and vat 14.5% on local supplies
Tell us what is your proudest accomplishment?
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
