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What will be journal entry of provision for income tax in
current year and Adjustment entry in next year

Answer Posted / sankeerthana

Kavitha pl observe my answer. According to you the amount
of Income Tax is confirmed but not paid. But according to
the question some amount was provided in the shape of
provision. It is not exact figure.it may be raised or
lowered.
sankeerthana
www.therealaccountants.com

Is This Answer Correct ?    19 Yes 11 No



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