HOW PASS A TDS DUE ENTRY
Answers were Sorted based on User's Feedback
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 |
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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