27 August 2023
Accounting treatment of Advance tax and TDS paid by LLP and year end entry made by firm in the books of LLP In the books of LLP at the FY end Partners capital account Dr. To Advance tax
Now can i book the advance tax paid by firm in my books as Advance tax personal expenses in the FY year end in partner books Partnership firm expenses A/c Dr To Partnership firm A/c
CAclubindia
