When tds is deducted from the payments to suppliers, how the Entry will appear in books of accounts in tally.
3 4991How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500
2 40250My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
1797Our company deposited an amount of 20000 as FD . After the maturity period we are not received any interest and the bank deducted 2938 amount as TDS from our interest and added the interest to the principle amount and renewed the FD. then what is the journal entry for the same.
2 4443last year company profit is Rs 50.000 ,the part of the profit is transfer to reserve and surplus account . but the current year company suffering loss .in that situation company can take help Rs 25000 from reserve and surplus . if yes than how can ,please reply me what is general entry
3 6958explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule
KSOU,
2244Post New Accounting General Questions
What is trial balance? What does an accurate trial balance suggest?
what is one way , two way matching , three way , four way matching ?
Define overhead in terms of accounting?
what is a difference between public and private accounting?
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Define trade bills?
What is the journal entry of building rent and TDs payment?
What are premises in accounting sense? What is vat adjustment?
what are the processes of account reconcillation
Tell us in balance sheet, where do you show tds?
How to create a liability for Service Tax in SAP
we can transfer stock between two firms with same name but prop. is different.
Under Accrual Accounting, How Are Worker Comp Premiums Handled?
In which ways is math used in accounting
What GP resew of balance sheet taking.