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Question 30 Chapter 8 -Unimax Publication Class 12 Part 2 – 2021

Question 30 Chapter 8 -Unimax Publication Class 12 Part 2 - 2021
Question 30 Chapter 8 -Unimax Publication Class 12 Part 2 - 2021

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Question 30 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021

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30. prepare provision for income Tax account from the following information for preparing provision for income Tax account:

Equity and liabilities side of balance sheet

Particulars31-3-202131-3-2022
Provision for income tax1,50,0002,10,000

Additional information:
Provision for income Tax made during the year 2022 was 2,35,000.

The solution of Question 30 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : – 

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Provision for income Tax account

Particulars Particulars
To bank A/c (B. fig) By balance b/d (given) 
(Being payment made)1,75,000By statement of P & L 
To balance c/d (given)2,10,000(Provision made given) 
 3,85,000 3,85,000

Preparation of cash flow statement.

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Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication

 

 

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