Accounting of taxes in book of account


This query is : Resolved 

(Querist)
05 November 2018 hi any one reply me, how to record municipal taxes paid during the current year of previous which is not recorded earlier.
means earlier year expenses paid during the current year which was not recorded earlier, plz, clear with entries.

09 November 2018 prior period expenses debit to bank

Ajay Thakur (Querist)
10 November 2018 can I adjust in the previous Year.

10 November 2018 no....this entry will be passed in current year

Ajay Thakur (Querist)
12 November 2018 how to adjust damaged stock in stock of trading company.


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