What entry should be passed for Interest accrued on late payment of sales tax
Pranay Kothari (CA) (415 Points)
25 December 2008What entry should be passed for Interest accrued on late payment of sales tax
CA. MUKESH KUMAR
(CHARTERED ACCOUNTANT)
(183 Points)
Replied 26 December 2008
intrest on sales tax a/c Dr.
To sales tax a/c
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 26 December 2008
The entry willbe
Interest on Sale Tax A/c Dr.
To Sales Tax Payable A/c
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