HOW PASS A TDS DUE ENTRY

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HOW PASS A TDS DUE ENTRY..

Answer / shiv gupta

when Salary Due:

salary a/c dr 30000
To salary payable 25000
To tds 5000
(for due)
When Payments of Salary

salary payable a/c Dr. 25000
tds a/c Dr. 5000
To cash 30000

Is This Answer Correct ?    13 Yes 2 No

HOW PASS A TDS DUE ENTRY..

Answer / ravi

salary a/c dr 2500

To salary payable 2000
to tds on salaries 500


Tds on salaries Dr 500

To Bank A/C 500

Is This Answer Correct ?    5 Yes 2 No

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