No
Taxes are payable on income less expenses
a credit to deferred income taxes payable
It stands for federal income tax payable.
yes income tax is payable in jammu and kashmir if the person is the resident of it.
yes accounts are payable on the income statement and balance sheet.
what is your monthly income
Accounts payable is of liability nature as it is payable in future so it is shown under liability side of balance sheet and not in income statement.
Income tax schedule for 2013
By definition Accounts Payable is a liability and belongs on a Balance Sheet. Only income and expenses are included in an Income Statement.
Monthly
Monthly Income!
Yes, a retirement income calculator can estimate your monthly income. If you would like to estimate your monthly income from your yearly income, you need to divide that figure by twelve.