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Accounting treatment

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(Querist)
13 June 2014 What should be the Accounting treatment in the books of a Limited Company for following situations :
Q 1. what should be the journal entry for payment of Additional Demand of CST on account of assessment of earlier years in the current year. Can it be booked as current year's Expense.

Q 2. What would be the journal entry if Bill for Certification services by a CA for the year 2012-2013 is received in 2013-2014 and no provision for the same expense was made in the year 2012-2013
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Vishnu Saboo

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Vishnu Saboo (Expert)
13 June 2014 in my opinion
1. must be booked in Rate & taxes
2. prior period expenses
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Rupesh Jain

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Rupesh Jain (Expert)
13 June 2014 1. you can book under the sales tax demand head under the duties and taxes

and bill of previous year is prior period exp.
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