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     EduGorilla 
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    Income tax liability of the proprietor, amounting to Rs. 1200 was paid out of Petty Cash A/c. Rectified journal entry will be

    Options :-

    1. Dr. Drawings and Cr. Cash A/c Rs. 1200
    2. Dr. Drawings and Cr. Petty Cash A/c Rs. 1200
    3. Dr. Income tax and Cr. Cash A/c Rs. 1200
    4. None of the above
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Reply To: Income tax liability of the proprietor, amounting to Rs. 1200 was paid out of Petty Cash A/c. Rectif….
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