Interested to Buy Any Domain ? << Click Here >> for more details...
how to pass an entry for expenditure by deducting tds for
customer
- 11 Answers
- 12608 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rajiv
First entry would be
XYZ expenses A/c Dr.10000
To Vendor A/c 10000
Second Entry would be
Vendor A/c Dr 10000
To Bank 9000
To TDS 1000
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / imran
Civil Contractor given Bill of Rs. 25000.00
Civil Work Dr. 25000.00
Tds on Cont. 2% Cr. 500.00
Civil Contrac%tor Cr. 24500.00
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / aparichith
party - amount - Dr
TDS Payable - amount - Cr
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / jayashri
Shreyash & Co.A/c Dr 50000
To TDS A/C Cr. 1000
To Bank A/c Cr. 49000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / narasimharao.nalam
Ex: Rent paid
Rent a/c dr 5000
Tds payable a/c dr 1000
To Tds a/c 1000
To Mr .x a/c 5000
2) Rent and tds at the time of payment
Mr.x a/c dr 5000
Tds payable a/c dr 1000
To Bank/Cash a/c 6000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sandeep
1. Expenditure A/C......Dr
To Creditor A/c
To TDS Payable A/c
2. TDS Payable......Dr
To Cash/Bank A/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / narasimha rao
ex:if payment 50000 to party tds rate will aplly 10%=5000 so e
party a/c dr -45000
tds a/c dr -5000
to bank or cash -50000
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / cahndra prakash
Ajay Kumar & Sons A/c Dr 9000
Tds A/c Dr 1000
To Bank 10000
| Is This Answer Correct ? | 0 Yes | 2 No |
CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT
List of Indian accounting standards and international financial reporting standards
Under which Act( Com/IT) depreciation debit to P & L ?
What is Contribution?
Different types of Balance sheet
1 Answers Chartered Accountant,
Anti Takeover policies
How you will treat purchase of phones & software CD's in Tally. what are the heads for both.
BRS
2 Answers Akzonobel, BEL, Chartered Accountant,
plz tell me Agar koi co. ka exp. generate ho or uski payment cash se ki jaye to hume wo exp. book krne ke liye payment ki receipt leni jaruri hai bina receipt ke entry krna sahi h ya galat..??
real account means
Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%
What will be the journal entry for advance payments made to the other parties?
Audit 
