Answer / vinayak

EXPENDITURE A/C DR
TO TDS A/C
TO PARTYS A/C

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

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

Answer / prakash m r

EXPENDITURE A/C DR
TO PARTY A/C
TO TDS A/C

Answer / aparichith

party - amount - Dr
TDS Payable - amount - Cr

Answer / jayashri

Shreyash & Co.A/c Dr 50000
To TDS A/C Cr. 1000
To Bank A/c Cr. 49000

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

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

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

Answer / cahndra prakash

Ajay Kumar & Sons A/c Dr 9000
Tds A/c Dr 1000
To Bank 10000

in year end Balance sheet current liabilities is showing negative balance of re.-1/- how to write off the negative figure? pls help..

1 Answers  

You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

0 Answers   IBM,

If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet

0 Answers  

Goods destroyed by fire rs.2000 and insurance company claim rs 1250. This is shown on adjustment,how is it posting on profit and loss account and balance sheet

1 Answers  

WHAT DIFF.BETWEEN CAPITAL EXPENDITURE AND CAPITAL REVENUE?

2 Answers  

What is an ea in accounting?

0 Answers  

how to solve cashbook question

0 Answers   NIIT,

3 dost 1 hotel me khana khne gye to unhone 75 rupye diye aur hotel ki malik ne unhe 5 rupaye wapas diya aur 2rupye water ne rakh diye aur une 1,1 rupye diye aur 1 rupya kha gya

2 Answers  

rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.

0 Answers  

What is icai?

0 Answers  

any example should cover all three types of account in one entry

1 Answers   IVRCL, RPG,

what is Investment Fluctuation Fund? is it reserve or provison?

9 Answers   Colgate,