Question 29 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
29. prepare provision for income Tax account from the following information for preparing provision for income Tax account:
Particulars | 31-3-2021 | 31-3-2022 |
Provision for income tax | 3,20,000 | 4,00,000 |
Additional information:
During the year income Tax paid was 2,80,000.
The solution of Question 29 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –
Provision for income Tax account
Particulars | ₹ | Particulars | ₹ |
To bank A/c | By balance b/d (given) | 3,20,000 | |
(Payable made given) | 2,80,000 | By statement of P & L | |
To balance c/d (given) | 4,00,000 | (B. fig., being prov. Made) | 3,60,000 |
6,80,000 | 6,80,000 |
Thanks, Please Like and share with your friends
Comment if you have any Doubts.
What is the cash flow statement? why do we need to prepare?
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication
Leave a Reply