Being income tax paid ₹2,000 pass through journal
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Answered by
2
Drawing account Dr. 2000
To cash account. 2000
(income tax being paid)
To cash account. 2000
(income tax being paid)
Vickypanjiyar:
jiyasha , which class?
ooo
what's ur future plan??
have u completed CPT?
IPCC?
ooh, have u completed it??
Answered by
2
Drawings a/c Dr
To cash /bank a/c
(being income tax paid)
This 2000 will be deducted as drawings from capital in the balance sheet's Liabilities side.
To cash /bank a/c
(being income tax paid)
This 2000 will be deducted as drawings from capital in the balance sheet's Liabilities side.
thx
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