Advance AccountingForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Advance AccountingThis topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts April 19, 2021 at 5:25 pm #618235 JULWATMemberTopics: 1Replies: 0☆Income Tax Balance Brought forward 10,000 Dr in the TB and in additional Information Income Tax 135,000, What are the correct Entries? April 20, 2021 at 6:16 am #618259 John MoffatKeymasterTopics: 57Replies: 54701☆☆☆☆☆Assuming no other information, the tax charge will be debited to the income tax account and credited to income tax payable account. This will result in an expense in the SOPL of 136,000 and a liability in the SOFP of 135,000.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In