how to pass an entry for expenditure by deducting tds for
customer
- 11 Answers
- 9670 Views
- I also Faced
- E-Mail Answers
Answer Posted / imran
Civil Contractor given Bill of Rs. 25000.00
Civil Work Dr. 25000.00
Tds on Cont. 2% Cr. 500.00
Civil Contrac%tor Cr. 24500.00
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
How do you prepare mis reports?
Differentiate between provision and reserve?
How you can adjust entries into account?
I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.
Were i have to enter for agreements in tally and in which ledger it will come
how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come
I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?
8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.
Tell me what are the activities that includes in cash flow statement?
audit under section and penalty under saction scurtiny under saction
Why some asset accounts have a credit balance?
How familiar are you with crm?
Explain the accounts payable cycle
