What will be journal entry of provision for income tax in
current year and Adjustment entry in next year
Answer Posted / manish
Can we make entry like this in case of additional demand raised:
Additional income tax demand (ass yr)dr
To. Bank/cash cr
| Is This Answer Correct ? | 10 Yes | 4 No |
Post New Answer View All Answers
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system
Give ONE reason for Balance Sheet to be out of balance
Explain me the difference between public and private accounting?
what is current rate of excies duty for a manufacturing company?
What is the revenue recognition principle?
What is executive accounting?
our cheque to Arshad Khan was dishonored?
what is penaultimate sale
In South Africa, the value added tax is administered by?
How to pass journal entry of gifts purchased for employee by using campany ATM card
credit card all entry pass in tally
What do you think is a bank reconciliation statement?
How do you maintain accounting accuracy?
cheque deposit is a contra entry?
What all are the documents need to check for a supplier payment?