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Anand put Hire charges bill for Rs 185250. During the
course of work we supplied diesel worth Rs 25360,paid
driver battas of Rs 1050.Pl pass journal entry by taking
security deposit @ 5% and TDS @2.25%as deductions from bill
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Answer Posted / syed iliyas
Bank account dr(paid by cheque)171820.00
security deposit account dr 9262.00
tds account dr 4168.00
to anand account 185250.00
(being paid to anand as hire charges)
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