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Hi to All any body pls. tell me the entry for tds in salary
example-- one employee salary 25000 tds will be 1000
how to deduct and what will be the entry for above
transactions

Answers were Sorted based on User's Feedback



Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 td..

Answer / sushil shriwastav

salary a/c 25000/-


To Cash a/c 24000/-
To TDS a/c 1000/-

Is This Answer Correct ?    17 Yes 0 No

Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 td..

Answer / amit goel

SALARY A/C DR. 25000
TO SALARY PAYBLE A/C CR. 24000
TO TDS PAYBLE CR. 1000

Is This Answer Correct ?    11 Yes 1 No

Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 td..

Answer / khan

Simple Answer is

Salary A/c Dr.25,000

To Cash/Bank A/c 24,000
To TDS A/c 1,000

Is This Answer Correct ?    10 Yes 1 No

Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 td..

Answer / namrata

salary a/c Dr. 25000/-
To tds A/c 1000/-
TO.cashA/c 24000/-

Is This Answer Correct ?    3 Yes 0 No

Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 td..

Answer / sankeerthana

Why Bhavana why you are hasty why not observing the
question The question was about the TDS deduction.You
answered without taking TDS into consideration

sankeerthana
www.therealaccountants.com

Is This Answer Correct ?    4 Yes 2 No

Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 td..

Answer / roshan bagul

Salary a/c Dr. 25000/-

To, TDS a/c 1000/-
To, Cash a/c 24000/-

Is This Answer Correct ?    2 Yes 0 No

Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 td..

Answer / surabhi gupta

Salary a/c Dr. 25000
To Tds payable A/C 1000
To Cash/Bank A/c 24000

Is This Answer Correct ?    2 Yes 1 No

Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 td..

Answer / suresh

For provision

Salary A/c Dr 25000
To Tds A/c ( On Salaries) 1000
To Party A/c 24000

Is This Answer Correct ?    0 Yes 0 No

Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 td..

Answer / bhavna

Basic 12000
HRA 8000
D.A. 2500
Conveyance 2500

To Cash /Bank Ac 24000
To Profession Tax A/c 1000

Is This Answer Correct ?    5 Yes 20 No

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