Q. Income tax of the sole trade paid is shown (Solved)
1. Debited to P & L Account
2. Debited to Trading Account
3. Debited to his Capital Account
4. None of the above
- c. Debited to his Capital Account
1. Debited to P & L Account
2. Debited to Trading Account
3. Debited to his Capital Account
4. None of the above