Dear All,
What is the journal entry for audit fee provision.
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Audit fee provison
Replies (5)
Audit fee a/c dr
To Audit fee payable a/c cr.
Thanks and what about tds and service tax
the same as audit fee.. whenever you make provision just give credit to the payable a/c & debit to expense thats it
Is this correct entry
Dated on 31/03/2012
Audit fee DR Rs. 84270(75000+ST 12.36%)
To audit fee Payable 75843
To TDS payable 8427
| Originally posted by : Nisha Yadav | ||
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Is this correct entry Dated on 31/03/2012 Audit fee DR Rs. 84270(75000+ST 12.36%) To audit fee Payable 75843 To TDS payable 8427 |
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Correct...
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