we deposited securoty to a party and now due to us interest
amount then party deduct TDS on interest but we not recive
cash or in bank he credited our account in his books so
what will be the journal entries in our's books.
Answer Posted / sankar
TDS on interest a/c Dr XXX
To Bank a/c (which Bank a/c we have) XXX
then we will receive TDS certificate from that bank
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
simply define shares and debentures
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
whats difference between manufacturing account & cost account
where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?
Tell us what is a cpa?
What is compound journal entry?
What's the accounting entry when an Invoice is created in AR?
a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm
Do you know how many types of business transactions are there in accounting?
What is an accounting transaction?
Tell me what do you believe makes a successful account executive?
What is fitting and fixtures?
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf
Do you have any professional experience in this field?