Property tax
This query is : Resolved
30 March 2016
hi
i want entry in tally property tax, pleas tell the entry and under.
i want entry in tally property tax, pleas tell the entry and under.
30 March 2016
Dear
Entry will be:-
Property tax ac dr xxxx
To Bank or Government authority xxxx
It will be booked under rates and taxes.
Regards
Pradeep
Entry will be:-
Property tax ac dr xxxx
To Bank or Government authority xxxx
It will be booked under rates and taxes.
Regards
Pradeep
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30 March 2016
Assuming the same is for business purpose, the entry as given by Pradeep Kumar Vats is right.
If the same is not for business purpose, then debit drawings account and credit bank/cash account (As the case may be)
If the same is not for business purpose, then debit drawings account and credit bank/cash account (As the case may be)
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