|
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
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
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Jawahar and Associates Chartered Accountants
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