what is the entry of tds when rent received for debtors ?

Answers were Sorted based on User's Feedback



what is the entry of tds when rent received for debtors ?..

Answer / lavsingh

debtors a/c Dr
Tds on Rent Dr
To Rent a/c
( Being rent for the x month and Tds receivable accounted)

Is This Answer Correct ?    16 Yes 2 No

what is the entry of tds when rent received for debtors ?..

Answer / prem kumar

Bank A/c Dr

TDS Receivable A/c DR

To Debtors A/c

(Being rent Received form Debtors After Deducting of TDS )

Is This Answer Correct ?    10 Yes 2 No

what is the entry of tds when rent received for debtors ?..

Answer / kishore

CASH A/C Dr.
T D S ON RENT A/C Dr
TO RENT A/C

Is This Answer Correct ?    6 Yes 0 No

what is the entry of tds when rent received for debtors ?..

Answer / kiran

party a/c dr

to tds a/c

( being tds deducted @10% on rent)

Is This Answer Correct ?    2 Yes 3 No

what is the entry of tds when rent received for debtors ?..

Answer / ayyappa

Bank a/c Dr xxxx

sundry Debtors a/c xxxx

Tds payable a/c xxxx

(Being rent received and tds payable )

Is This Answer Correct ?    0 Yes 9 No

Post New Answer

More Accounting General Interview Questions

Please tell me under which heads following ledgers should open or create. 1. Vat on Sales 2. Vat on Purchases 3. Excise on Sales 4. Excise on Purchases 5. Service Tax Input 6. Service Tax Output It’s urgent for me.

14 Answers   Genpact, IMK, MMS,


Explain the Steps to Define Recurring Invoices

0 Answers   Accenture,


what is depreciation? what are depreciation methods? please explain those method? can any one reply urgently? Answer

4 Answers  


what is Penal account

6 Answers  


how we pass commission entry when we give to other with tds ?

1 Answers   GFS,






Revenue Expenditure

0 Answers   Chartered Accountant,


calculations of income tax & tds

1 Answers  


how to calculate forefeiture of share when over subcription

0 Answers  


in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity

0 Answers  


what is eps

10 Answers   FactSet Systems,


general entry for credit purchases, credit sales, golden rules of accounting,what is contribution.

11 Answers   Genpact, LG,


what is differenct between capital expenditure and revenue expenditure?

5 Answers  


Categories