what is enty of income tax paid by company.& what is group
of income tax paid.

Answer Posted / amit.kala87

income tax paid a/c dr
To bank/cash a/c.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to calculate forefeiture of share when over subcription

1827


What is the difference between depreciation and amortization?

608


WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM

1661


How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500

37778


while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

2878






what is subscription order

1588


Tell me what is the equation for acid-test ratio in accounting?

541


Accounting for vc money in financials

646


what is the meaning of 4X and 10X value in intraday market?

1823


explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule

1800


WHERE WE CAN USE VAT 5%,14.5%

2117


can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power

1303


What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.

1457


What is account in accounting?

651


Why do you want to be an accountant?

637