Sir ,Advance income Tax and Pre paid Insurance under which heads it's

This question was asked in Tally Ledger Groups List (Ledger under Which Head)

sir ,

Advance income Tax and Pre paid Insurance under which heads it's comes

Sudheer Chaithanya

Sept. 22, 2016, 6 p.m.

Davneet Singh

Sept. 22, 2016, 6:31 p.m.

Hi Sudheer

Advance income Tax is a Current Asset.You can also put it under Duties and taxes where it will show on Debit Side

Prepaid Insurance is Current Asset

Learn more about Advance tax

Learn more about Prepaid Exp

Comment