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suppose you make a bill with service tax and on the time of
service tax return you have deposit the same. but now party
denies to pay the value of service tax. what adjustment
entry you pass to rectify the a/c.
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Answer / pravin
If u make bill then u have to pass the sale entry
To party a/c dr
by sale a/c cr
by service tax a/c cr
when party denies for pay than
to discount a/c dr
by party a/c cr
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sajjad1
If u make a bill then u have to Pass the Journal Entry
Party (Customer) Dr
Service Tax (Cr)
When Pary Denies for pay then
Service tax
Party
| Is This Answer Correct ? | 1 Yes | 1 No |
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