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

Answer Posted / ragni sharma

PROVI

Is This Answer Correct ?    1 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the difference in accounting and marketing and what is so different about them?

626


Explain me do you think accounting standards are mandatory and why?

629


What is fbt (fringe benefit tax)?

656


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

3687


Mention the types of ledgers?

712






Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-

1512


what is basic general accounting.

1495


have you ever been involved in an invoice dispute? How did you manage the problem?

696


Revenue Expenditure

1654


I purchase a material with vat@4% and want to sale it to a bihar cliet.what will be charged as cst.Narrate me as brakewise.It is very urgent to mine.

1408


Define a company's payable cycle?

722


How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?

2101


what is the meaning of banking

1666


After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?

1380


HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER

1643