Interested to Buy Any Domain ? << Click Here >> for more details...
I Have Deducted the tds against advance payment and how to
adjust in the bill
- 4 Answers
- 27761 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Advance Entry. Paid 10000/-
Vendor A/C Dr. 10000
To,Cash Cr. 9800
To,TDS on Contract 2% Cr. 200
(Being amount paid as Advance)
When bill receive Rs.25000/-
Printing & Stationery Dr. 25000
To Vendor Cr. 24700
To TDS on Contract Cr. 300
(Bill No……….. Tds already paid Rs.200.00
final entry.
Vendor Dr. 14700
to Cash 14700
(Being Amount paid against bill no…………..)
| Is This Answer Correct ? | 36 Yes | 12 No |
Answer / mohd rustam
Advance Entry. Paid 10000/-
Vendor A/C Dr. 10000
To,Cash Cr. 9800
To,TDS on Contract 2% Cr. 200
(Being amount paid as Advance)
When bill receive Rs.25000/-
Printing & Stationery Dr. 25000
To Vendor Cr. 25000
final entry will be:
Vendor Dr. 15000
to Cash 14700
to TDS On Contact 300
(Being Amount paid against bill no…………..)
| Is This Answer Correct ? | 14 Yes | 14 No |
Answer / vikas sharma
Vendor A/c Dr. 10000
To cash A/c 9800
To TDS on contract A/c 200
(Being advance payment)
Printing & stationary A/c 25000
To vendor A/c 24700
To TDS on contract 300
( Being amount credited to vendor A/c towards Printing & stationary purchased)
Vendor A/c 14,700
To cash/bank A/c A/c 14700
(Being amount paid)
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mansi
Advance Entry. Paid 10000/-
Vendor A/C Dr. 10000
To,Cash Cr. 9800
To,TDS on Contract 2% Cr. 200
(Being amount paid as Advance)
When bill receive Rs.25000/-
Printing & Stationery Dr. 25000
To Vendor Cr. 25000
final entry.
Vendor Dr. 15000
to Cash 14500
to TDS On Contact 500
(Being Amount paid against bill no…………..)
| Is This Answer Correct ? | 9 Yes | 29 No |
I want to know whether entry tax is applicable for capital goods imported ? and is it applicable if imported capital goods purchased from dealer?
Where we show the brought forwarded losses in the Balance Sheet?
HOW TO CALCULATE MY EPF INTEREST? IF I HAVE JOINED TO A COMPANY ON 1ST FEB'08'& RESIGNED ON 31ST DEC'09', THEN WHAT WOULD BE MY EPF INTEREST? MY BASIC IS RS.7500/-PER MONTH? STATE BRIEFLY
4 Answers Khalsa Tubes, Reliance,
Parties from where we can deduct TDS in a manufacturing company?
A is a seller from Hyderabad and Bayer is also from Hyderabad. can issue the c form?
What is the Procedure of Import & Export
Any body give journal entry for this PURCHASEA/C DR 500 S.TAX 50.0 SUNDRY CREDITOR 450.00 AND Which amount i taken in purchase ledger and which amount i taken in s.Tax ledger and which amount i taken in sundry creditors ledger wat are the details i require to maintain with regard to submitting of s.Tax return
What is difference between an Insurance and a general Insurance????
what is the last date of return filling,payment of tds, professional tax,service tax, income tax, ESI,FBT for consultancy firm?
WHAT IS MAT
What are the various forms used for Sales Tax?
witch taxes are calculate in CENVAT for Gold ornaments ?
Audit 
