The company PAID ADVANCE TAX OF 10000 on 15 March

At year end on 31 Dec it made a a provision for tax of Rs 30000
It paid the balance tax on 20000

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  1. Accounts and Finance
  2. Step 3 Passing Book Closure Entries
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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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