Cash flow query

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Liabilities

Asssets

Provision for Tax                      Advance tax

2001       65,000                          2001                60,000

2002       72,000                         2002 80,000

Adjustment:-

Tax for the year 2001 was settled at Rs. 40,000

Answer:- Provision for tax 72,000 & Tax Paid Rs. (80,000)

Please solve it in detail.................With A/C

Thankyou

Replies (2)
please solve this.......

Hi, I have solved your query see word file + .Png file for your better understanding

send me your email id at Sekhar_fhr @ rediffmail.com I will send your solution

Thanks

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