fbt adjustment
This query is : Resolved
06 October 2009
Respected Sir
A Partnership firm has paid FBT for FY 2008-09 Amt Rs.80,000.00.The firm donot make prov for such lablty.FBT is paid in FY 2009-10 how should i Adjust in books of ac ie Tally.
Regards
A Partnership firm has paid FBT for FY 2008-09 Amt Rs.80,000.00.The firm donot make prov for such lablty.FBT is paid in FY 2009-10 how should i Adjust in books of ac ie Tally.
Regards
06 October 2009
First Debtit FBT
Then tranfer the FBT to partners account in their profit sharing ratio.
Then tranfer the FBT to partners account in their profit sharing ratio.
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