paid Rs.500 to tax amount which was due for two months pass
journal entries

Answer Posted / binny

tax a/c 500
To tax payble 500


after payng .......

Tax payable a/c 500
To cash 500

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What does the standard journal entry includes?

610


How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.

1402


WHAT IS THE PORTFOLIO MANAGMENT SCHEMES ? ITS WHICH TYPES INCOME ?

1402


Tell me what is the master account?

619


Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

1513






sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?

1812


whether bills of exchnge can come under the category of reserves and surplus

1370


Tell About ur self what will i say plz help me

2036


how to prepare brs statement for company in tally

2788


journal entry for goodwill and capital bought by a new partner?

1146


What a deferred asset is and give an example?

624


Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?

6576


What is mean by Asset area?

1787


Define retail banking?

622


what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?

1571