how to make the entry....???
sumit got salary 20000 & charge 10% tds on his salary..
Answers were Sorted based on User's Feedback
Answer / roshan rai
1. salary a/c dr. 20000
To Sumit 18000
To Tds@10% 2000
( being due salary to sumit)
2. sumit a/c dr. 18000
To Bank/cash 18000
(being salry paid to sumit)
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / pravin choudhary
Salary a/c Dr. 20,000.00
To Bank/Cash a/c Cr. 18,000.00
To Tax Deducted at Source a/c Cr. 2,000.00
(BEING SALARY PAID TO SUMIT)
Tax deducted at source a/c. Dr. 2,000.00
To Cash/Bank a/c. Cr. 2,000.00
(BEING TDS DEPOSITED INTO THE BANK.)
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / akshay kumar
salary ac dr 20000
to sumit ac cr 18000
to tds @ 10% cr 2000
sumit ac dr 18000
to cash/bank ac cr 18000
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / aniljha4u
Journal Entry Book in Company A/C
Date Particulars L.F Dr Cr
31-Mar-12 Salary 22222
TDS Payable 2222
Bank 20000
Being got salary 20000 & charge 10% tds on his
salary )
| Is This Answer Correct ? | 5 Yes | 8 No |
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