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What will be the journal entry of provision for income tax
in the financial year .
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Answer Posted / mehtab ahmad
1. income tax a/c dr. (amount)
to provision for income tax a/c
2.p&l a/c dr. (amount)
to income tax a/c
or
p&l a/c dr.
to provision for income tax
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Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
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