what is the entry of tds when rent received for debtors ?
Answer Posted / 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 |
Post New Answer View All Answers
What is aggregate Liabilities ?
What is an over accrual?
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
cheque deposit is a contra entry?
In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.
Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?
What is the difference in accounting and marketing and what is so different about them?
Do you think accounting standards are mandatory and why?
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
What is fitting and fixtures?
how will you adjust voluntary seperation payment in cash flow statement
What is journalizing? What are the columns of a journal?
WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET
what is general accounting