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how we pass commission entry when we give to other with tds ?

Question Posted / hlk


how we pass commission entry when we give to other with tds ?..

Answer / vijaykant

AT THE TIME OF BOOKING COMMISSION

COMMISSION A/C DR
TO COMMISSION PAYABLE(NAME OF PARTY) A/C CR

AT THE TIME OF MAKING PAYMENT

COMMISSION PAYABLE A/C(NAME OF PARTY) DR
TO CASH OR BANK A\C CR

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