sanjay kashyap


{ City } indore
< Country > india
* Profession * manager
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Question { 6948 }

i received annual inncentive received with deduction of TDS
from My suplier. Total amount 100000/- Inncentive.Rs.90000/-
Tds Rs.10000/- how to take entry in my books.


Answer

CASH A/C DR. 90,000
TDS A/C DR. 10,000
TO INCENTIVE A/C 1,00,000

(BEING INCENTIVE RECEIVED & TDS PAID)

Is This Answer Correct ?    6 Yes 1 No