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What is the correct journal entry when entering interest/penalty on

Solved Prepare Journal Entry for the following transactions

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Accounting journal entries

Accounting journal entries

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How do I allocate a payment for a paye tax penalty? - accounting. 1668 entries. The Impact of Help Systems journal entry for fines and penalties and related matters.. I’d create a new account code called ‘fines and penalties’ which can be used for this and any other similar reason throughout the year., Solved] . ACTIVITY 2 Prepare Journal Entries for the following , Solved] . ACTIVITY 2 Prepare Journal Entries for the following , Solved What’s the correct way to record tax penalties and | Chegg.com, Solved What’s the correct way to record tax penalties and | Chegg.com, Aimless in I would recommend you create a new nominal code called ‘Fines and Penalties Would this add the entry back to the tax summary so I still pay