08 January 2009
hi this is regarding partnership firm accounting.please say me where should i post income tax payment made of firm for previous year in this year income tax for fy 2007-08 paid on 1/9/2008 posting entry in books of partnership firm
08 January 2009
why the Partners' capital account Dr why not to expenses account can i pass following entry (31/3/2008) jv income tax dr (indirect expenses) income tax payable cr (provision) 1/9/2008 payment incometax payable dr cash/bank
CAclubindia
