It refund entry entry
Poornima C (36 Points)
05 January 2022Poornima C (36 Points)
05 January 2022
CA Raj Doshi
(Practising CA)
(8944 Points)
Replied 06 January 2022
sabyasachi mukherjee
(27746 Points)
Replied 06 January 2022
CA Raj Doshi
(Practising CA)
(8944 Points)
Replied 06 January 2022
Earlier such taxes would have been debited to capital account. Now you will have to credit to capital account.
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 06 January 2022
Bank A/c Dr.
To Capital Account.
Adjust with capital because you have earlier given the effect in your P/L A/c which is adjusted with capital