74. Opening balance of provision for taxation is ₹20,000 and its closing balance is ₹30,000. If tax paid during the year is ₹24,000, provision for taxation made in this year is :
CS Executive · Cost and Management Accounting · PYQS · June 2021
74. Opening balance of provision for taxation is ₹20,000 and its closing balance is ₹30,000. If tax paid during the year is ₹24,000, provision for taxation made in this year is :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Fund Flow Statement
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