HOW PASS A TDS DUE ENTRY
Answers were Sorted based on User's Feedback
when Salary Due:
salary a/c dr 30000
To salary payable 25000
To tds 5000
(for due)
When Payments of Salary
salary payable a/c Dr. 25000
tds a/c Dr. 5000
To cash 30000
Is This Answer Correct ? | 13 Yes | 2 No |
Answer / ravi
salary a/c dr 2500
To salary payable 2000
to tds on salaries 500
Tds on salaries Dr 500
To Bank A/C 500
Is This Answer Correct ? | 5 Yes | 2 No |
What is a Green Shoe Option?
What is meant by Accounting Cycle....
what is the difference between reserves & provisions and accumulated reserves & surplus
matching concept
what is the loss of a company
Key difference between indian accounting standards and international accounting standards is.
What is the mean of capital in account
what is MD050
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
what is the difference b/w gain and profit?
how to make budgeting ?
why do we prepare balance sheet as on a particular date and not for a year?