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02 January 2013
i will pass the jv for the sundry bal.written off then profit will increase what is the another way the ledger amount is 210000. if i pay to the creditors on voucher is it possible?
02 January 2013
You can always pay the creditors. That's the best and the most wise thing to do. Your profits will increase on which you will have to pay 30% tax if you're a corporate.
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