If the cost of work is 20000 and retantion is 5%, tds is 1%
and wct is 2%. what is d total amount have to pay?

Answers were Sorted based on User's Feedback



If the cost of work is 20000 and retantion is 5%, tds is 1% and wct is 2%. what is d total amount ..

Answer / vinod maurya

Total Cost is Rs. 20,000/-
Deduction 1% TDS Rs. 200 /-
Deduction 2% WCT Rs. 400/-
Deduction 5% retention Rs. 1,000/-

Total Payable Amount Rs. 18,400/-

Is This Answer Correct ?    13 Yes 3 No

If the cost of work is 20000 and retantion is 5%, tds is 1% and wct is 2%. what is d total amount ..

Answer / jitender

Cost of Work - 20000.00
Add:-2% WCT 400.00
________
20400.00
(Security-Retention Money) 1000.00(Less)
________
19400.00
Less TDS 204.00
________
Amt Paybel 19196.00

Is This Answer Correct ?    3 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

what is the differance bet ween Bill and invoice?

4 Answers   DataMonitor,


Why you want to chage the current job in 8 months time?

4 Answers   OPI Global,


what is purchase consideration? How does it come about and how is it treated in the books?

0 Answers  


Credit Purchase entry

12 Answers   EXL, Genpact,


retained earnings will change over time due to what factors, retained earnings will increase.

1 Answers   Genpact,






Is Bank Reconciliation Statement is compulsory prepared? Even when both cash & Bank Book are tally?

13 Answers   Alfa Textiles, Ascon, ETA, GE, IBM, Mphasis, OPI Global, Star,


Whatis new GL & Odd G.L What is the difference between these two.

0 Answers   HCL,


Expand C & F Agent

3 Answers  


what is the document spliting?

0 Answers   Deloitte,


Expand-------NSAC

0 Answers  


If one person has been paid excess salary in particular month. In next month we want to deduct the excess given in last month what will be the entry, Assume: excess given 2227 This month details : Gross 20058, PF 780, PT 200, and net must be 16851 all effective figures must consider in entry

3 Answers  


Expand R R

1 Answers  


Categories