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what is the journal entry of payment received after deducting
tds?

Answers were Sorted based on User's Feedback



what is the journal entry of payment received after deducting tds?..

Answer / akhil

Journal Entry
Dr. CASH /BANK
Dr. TDS EXP.
Cr. ACCOUNTS RECEIVABLE

Is This Answer Correct ?    12 Yes 0 No

what is the journal entry of payment received after deducting tds?..

Answer / ashish

cash a/c dr
tds a/c dr
to a/c recievable

Is This Answer Correct ?    4 Yes 0 No

what is the journal entry of payment received after deducting tds?..

Answer / sunny

cash / bank a/c. dr
advance tax a/c. dr
to a/c. receivable

Is This Answer Correct ?    2 Yes 0 No

what is the journal entry of payment received after deducting tds?..

Answer / max

Journal Entry
Dr. Cash
Cr. Accounts Receivable
Cr. Trade Discount

Is This Answer Correct ?    4 Yes 10 No

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