advance tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 July 2010
hey friends..
what is accounting entry for advance tax for f.y. 08-09 standing as current assets in balancesheet as last year return is also filed...
what is accounting entry for advance tax for f.y. 08-09 standing as current assets in balancesheet as last year return is also filed...
02 July 2010
adjust to the provision for income tax created for fy 2008-09.
Provision for income tax a/c dr
to advance tax
to cash
hope now it is clear.
Provision for income tax a/c dr
to advance tax
to cash
hope now it is clear.
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