Mr.A repaired a printer of a company and charge a bill of
Rs.1200? The company paid Mr.A cheque of Rs.1080 and deduct
Rs.120 in TDS after couple of day Mr.A received TDS
certificate from the company. pass all the entries in the
books of accounts.
Answers were Sorted based on User's Feedback
Repairs A/c Dr. 1200
To A 1200
A Dr. 1200
To Bank A/c 1080
To TDS 120
Is This Answer Correct ? | 20 Yes | 6 No |
Answer / syed ismail
In the books of Co
Repairs A/c --- Dr 1200
To 'A' A/c - 1080
To TDS Payable A/c 120
Being Repiair of Printer and tds Deducted
In the books of A
Com A/c --- Dr 1080
TDS Recivable A/c Dr 120
To Service Income A/c 1200
Being Service Provided
Is This Answer Correct ? | 11 Yes | 2 No |
Answer / prasad
In the books of Company
1.When we received bii
Repairs A/c --- Dr 1200
To 'A' A/c - 1080
To TDS Payable A/c 120
Being Repiair of Printer and tds Deducted
2.When we paid the amount
A A/c dr 1080
to Bank A/c 1080
3.When we pay the TDS (next month within 7th date)
TDS payable a/c XXX
to Bank XXX
In the books of Mr A
1.M/s X co ltd dr 1200
to Repairs & Maintenance A/c 1200
2.Bank A/c Dr 1080
TDS receivable a/c dr 120
to M/s X co ltd 1200
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / chirag saini
journal Entry in company accounts.
For the time of Exp. Due
1. Printer expense a/c Dr. 1200
To Mr. A a/c cr. 1080
To T.D.S payable cr. 120
For The Time on Payment
2 Mr. A a/c dr. 1080
to Cash/ bank a/c cr. 1080
for the time of t.d.s payment
3. T.D.S payble a/c dr.120
to bank a/c cr.120
chirag saini
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / santhoshi
1) A A/c ---- Dr 1080
TDS on Services A/c ---- Dr 120
To Bank A/c ---- 1200
{Being Cheque paid for Printer repairing charges a/c for}
2) Repairing A/c ---- Dr 1200
To A A/c ---- 1200
{Being Amt Transfered to REpairing A/c }
Is This Answer Correct ? | 0 Yes | 1 No |
if a company has opened its new branch in delhi ,so while preparing Balance sheet for that company we will be preparing depreciation chart. So i want to know whether depreciation chart should be prepared as per IT Act or Companies Act?
journal entry of outstanding
Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.
director wife expenses which entry
all GL Related Interview questions with answear
one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupees note the showroom executive didn't have the change so he take the change from next to his showroom's shop then he deliver the phone to customer with the change of rs 250.and customer went with both after sometime the shop owner of next to showroom who gave the change of Rs 1000 with angry and told the showroom executive that the note you give it to me is fake! so showroom executive gave him Rs1000 to him.so my(question) is how much the showroom executive faced the loss on this transaction.
Tell us what is icai?
whcich difference between tally version 4.5, 6.5, 9.0, erp 9
Tell me which accounting application you prefer most and why?
Goods lost by fire rs.5000 it was partly insured insurance company admit the claim for 3500 what will be the journal entry
Revenue Expenditure
0 Answers Chartered Accountant,
how in the big companies the budget are prepared and controlled?