Answer / srikanth

When the Commission received and TDS wad Deducted then we
have to pass the journal entry as

TDS Receivable A/c Dr

To Commission Received.

But in the case of Commission Receivable, we have to made a
provision of Commission Receivable and the then TDS to be
adjusted.Entry will be passed like as...


1. Commission Receivable A/c DR

To Commission

(Being Provision made for Commission Receivable)


2. When the Commission received, the Following entry to be
passed.


TDS Receivable A/C Dr

To Commission Receivable.


(Being Commission Received and TDS to be Received)

Answer / neel

Account receivable A/c -dr
tds on commission A/c -dr
to commission a/c

Answer / sachin kumar

TDS Receivable A/c Dr

To Commission Received.

Answer / abhi

CASH A/C Dr.
TO COMMISSION RECEIVED A/C
(Being received commission for cash)

Commission can received only for cash

Answer / suresh.s

bank a/c dr
tds a/c dr

commission receivable a/c cr

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