Income tax paid on the behalf of propietor (journal entry)
Answers
Answered by
1
Drawing account .. Dr..
To cash account...
(being Income tax paid)
Since, Income tax treated as Drawing.
To cash account...
(being Income tax paid)
Since, Income tax treated as Drawing.
Answered by
1
Answer:
Drawing account .. Dr..
To cash account...
(being Income tax paid)
Since, Income tax treated as Drawing.
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