If drs are deducting amt as TDS , how entry will be passed
in books? pls clarify
- 2 Answers
- 3880 Views
- HLL, I also Faced
- E-Mail Answers
Answer Posted / varghese
Cash/ Bank A/c Dr
TDS A/c Dr
To Debtors A/C
(Here Drs collected and deposited TDS for us. So upto final
claim this amount shall treat as a deposit)
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
Explain the concept of responsibility accounting
Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
how we can calculate sundry debtors and crditors a/c?show some examples
Please would you provide me with a defenition of Cycle count tolerance ? Thank you
what is tribal area allowance means
What are the nine accounting cycles?
why creditors a/c dr. to discount received a/c ?
How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries
Define public accounting?
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
What is the difference between Accruals and Provisions?
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
