Poonawalla fincorp
Poonawalla fincorp

a/c ing treatment of sales tax n intrest on it?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 May 2010 sales tax demand rs. 10000
and intrest due to late payment rs. 200
wht is right entry from these 2?
sales yax dr. 10200
to cash

sales tax dr. 10000
intrest on sales tax dr. 200
to cash 10200
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
28 May 2010 the second entry is correct

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links