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.
CA PARAS BAFNA
(Expert)
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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