Mr.A repaired a printer of a company and charge a bill of
Rs.1200? The company paid Mr.A cheque of Rs.1080 and deduct
Rs.120 in TDS after couple of day Mr.A received TDS
certificate from the company. pass all the entries in the
books of accounts.
Answers were Sorted based on User's Feedback
Repairs A/c Dr. 1200
To A 1200
A Dr. 1200
To Bank A/c 1080
To TDS 120
| Is This Answer Correct ? | 20 Yes | 6 No |
Answer / syed ismail
In the books of Co
Repairs A/c --- Dr 1200
To 'A' A/c - 1080
To TDS Payable A/c 120
Being Repiair of Printer and tds Deducted
In the books of A
Com A/c --- Dr 1080
TDS Recivable A/c Dr 120
To Service Income A/c 1200
Being Service Provided
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / prasad
In the books of Company
1.When we received bii
Repairs A/c --- Dr 1200
To 'A' A/c - 1080
To TDS Payable A/c 120
Being Repiair of Printer and tds Deducted
2.When we paid the amount
A A/c dr 1080
to Bank A/c 1080
3.When we pay the TDS (next month within 7th date)
TDS payable a/c XXX
to Bank XXX
In the books of Mr A
1.M/s X co ltd dr 1200
to Repairs & Maintenance A/c 1200
2.Bank A/c Dr 1080
TDS receivable a/c dr 120
to M/s X co ltd 1200
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / chirag saini
journal Entry in company accounts.
For the time of Exp. Due
1. Printer expense a/c Dr. 1200
To Mr. A a/c cr. 1080
To T.D.S payable cr. 120
For The Time on Payment
2 Mr. A a/c dr. 1080
to Cash/ bank a/c cr. 1080
for the time of t.d.s payment
3. T.D.S payble a/c dr.120
to bank a/c cr.120
chirag saini
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / santhoshi
1) A A/c ---- Dr 1080
TDS on Services A/c ---- Dr 120
To Bank A/c ---- 1200
{Being Cheque paid for Printer repairing charges a/c for}
2) Repairing A/c ---- Dr 1200
To A A/c ---- 1200
{Being Amt Transfered to REpairing A/c }
| Is This Answer Correct ? | 0 Yes | 1 No |
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