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AA-39 Partner Admitted Tax Recording

267 views 20 replies

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Originally posted by : My Videos
	Dear Raja PM Sir,Thanks for your informative reply.Please educate; shouldn't this amount consider as partner salary ?

Yes why not...?! if it's as per agreement.

Means if salary is payable then You can do it as Your way.

Replies (20)

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Originally posted by : My Videos
	Dear Raja PM Sir,Thanks for your informative reply.Please educate; shouldn't this amount consider as partner salary ?

Yes why not...?! if it's as per agreement.

Means if salary is payable then You can do it as Your way.

My Videos

Accounts Officer

717 Points Joined March 2023

Dear Raja PM Sir,

Thanks for your helpful reply.

please educate if we consider it salary how can we record it ? means what Will be proper journal entry ?

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Please read the query from first.
after you can get clear...

My Videos

Accounts Officer

717 Points Joined March 2023

Ok. Thanks Raja PM Sir.

Dear Sir,

please help me that I want to know that how p&l appropriation account can maintain in tally prime?
I asked many times from people but they didn't give satisfactory reply.

can you help in this regard?