Income tax paid by Mr. A amounts to ` 3000. Its accounting treatment i

1.	Income tax paid by Mr. A amounts to ` 3000. Its accounting treatment is
A.	to be credited to the profit and loss account
B.	to be ignored altogether
C.	to be deducted from capital
D.	to be debited to the trading account
Answer» D. to be debited to the trading account

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Income tax paid by Mr. A amounts to ` 3000. Its accounting treatment is

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