Advance tax paid by firm for partner
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 April 2012
Sir
I am an accountants of a company, the advance tax of the partner paid by Firm.
how to entry comes to tally sir
pls do the needful.
I am an accountants of a company, the advance tax of the partner paid by Firm.
how to entry comes to tally sir
pls do the needful.
30 April 2012
Debit the partner's Capital Account
.
by Crediting the Bank A/c , if paid through a cheque
or
Cash A/c, if paid in cash.
.
.
by Crediting the Bank A/c , if paid through a cheque
or
Cash A/c, if paid in cash.
.
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