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P. 454
Model Test Papers M.435
Working Notes:
1. Dr. PROVISION FOR TAX ACCOUNT Cr.
Particulars ` Particulars `
To Bank A/c (Bal. Fig.) (Tax Paid) 1,00,000 By Balance b/d 1,50,000
To Balance c/d 2,50,000 By Statement of Profit and Loss (Prov. Made) 2,00,000
3,50,000 3,50,000
2. Dr. FIXED ASSETS ACCOUNT Cr.
Particulars ` Particulars `
To Balance b/d 2,00,000 By Depreciation A/c 50,000
To Bank A/c (Bal. Fig.) (Purchase) 1,50,000 By Balance c/d 3,00,000
3,50,000 3,50,000
