Interested to Buy Any Domain ? << Click Here >> for more details...
My firm got Rs.1,00,000/- as consultancy charge after deducting Rs.10,000/- as TDS. Now we have to pay Rs.15,000/- as Service Tax. Net effect we will receive only Rs.75,000/-. How can i account this.
- 1 Answers
- 2134 Views
- I also Faced
- E-Mail Answers
Answer / noor mohammad
Bank A/c Dr 90,000
TDS A/c Dr 10,000
to Sundry creditors A/c 100000
&
Service tax a/c 15000
bank a/c 15000
| Is This Answer Correct ? | 0 Yes | 0 No |
p i r round ?
What are the advantages of computer accounting over paper accounting?
adams a debtor for R600 had been declared insolvent and part of his debts has to be written off. The attorneys informed you that an amount of 25c in the rand will be paid and the rest must be written off
If Sales is Rs 1000 (Inclusive of Vat), Vat Rate - 20%, What is Vat Payable?
Hello Sir, My Name is Shoaib, I am Novice in Accounting Field. I want to learn the simple & step by step, procedure to final my company account. Please Help
hi i m an mba finance fresher. i need an oppurtunity to grew up my life ambitions. please tell me what are the sources to fulfill it. i got distinction in mba finance in the andhra university campus..please suggest me or show me a way to get an oppurtunity in your companies
If the bill is " maa hottel, prop.: a.ghosh". If i can draw a cheque in favour of A.ghosh, this is wroung or right ? please give the undersection of the NIT act.
What steps would you take to locate the errors in case trial balance disagrees?
What is the provision?
Pls tell me the basic rules of accounts for interview in finanace or accounts section
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
What is actual meaning or procedure of Revenue recognistion in SAP FICO Module?? Why we use VF44 TCode in RR run ??
Audit 
