Mr.A repaired a printer of a company and charge a bill of
Rs.1200? The company paid Mr.A cheque of Rs.1080 and deduct
Rs.120 in TDS after couple of day Mr.A received TDS
certificate from the company. pass all the entries in the
books of accounts.
- 5 Answers
- 8643 Views
- CSC, I also Faced
- E-Mail Answers
Answer Posted / chirag saini
journal Entry in company accounts.
For the time of Exp. Due
1. Printer expense a/c Dr. 1200
To Mr. A a/c cr. 1080
To T.D.S payable cr. 120
For The Time on Payment
2 Mr. A a/c dr. 1080
to Cash/ bank a/c cr. 1080
for the time of t.d.s payment
3. T.D.S payble a/c dr.120
to bank a/c cr.120
chirag saini
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What are depreciation and amortization?
How is the accounting for hire purchase transactions done?
what is lease accounting?? please explain me....
Tell us how can you define departmental accounting?
What are bills receivable?
Define fictitious assets?
AL+w button lanunches the .............. installed web brower
what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?
Tell me entries to revenues accounts such as service revenues are usually?
Why company issue shares at discount as its a loss ?
HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.
Is buy or sale trade will impact on Nov? Yes/No Please explain.
What is meant by partitioning?
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?
Explain what is accrual accounting?
