what is the journal entry of payment received after deducting
tds?
Answers were Sorted based on User's Feedback
Answer / akhil
Journal Entry
Dr. CASH /BANK
Dr. TDS EXP.
Cr. ACCOUNTS RECEIVABLE
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / sunny
cash / bank a/c. dr
advance tax a/c. dr
to a/c. receivable
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / max
Journal Entry
Dr. Cash
Cr. Accounts Receivable
Cr. Trade Discount
| Is This Answer Correct ? | 4 Yes | 10 No |
Outstanding rent
What are mis reports?
bonus provision entry
what is the difference b/w provision for baddebts,reserve for baddebts? pls explain me with example
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
Why we are crediting Gross profit or debiting a Gross loss in the profit and loss account?
2. Cash Break Even: SIPW Company sell windows. Windows are sold for $ 25/- each. Variable cost is $ 15/- per door and total Fixed Operating Costs are $ 50,000 /- which includes depreciation in the amount of $ 2,000/-. How many units of windows the company has to sell for Cash Break Even?
Tell me how you can adjust entries into account?
what is paroll
what is the last date of deposit TDS on liability for the assessment year 2010-11
what is journal entry for cash received
A sole trader run a business, and he takes every month fixed salary, he says this salary should not be affect in profit and loss a/c, he wants this salary transfer to his capital a/c, means he wants increased his capital - My question is as per the accounting system is it possible?