Interested to Buy Any Domain ? << Click Here >> for more details...
how to record journal entry for tds on salary on quarterly
basis?
- 28 Answers
- 68854 Views
- Bharat Trading, BTA, Duravit, HDFC, Metatron, Reliance, TCS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vishakha gandhi
salary A/c Dr. 10000
to Bank A/c 9000
to TDS payable A/c 1000
TDS paid to Govt.
TDS payable A/c 1000
to Cash / Bank A/c 1000
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / amit shelar
Salary A/c ( indirect exp ) Dr.
to xy ( sundry creditor)
to tds on salary ( duties & taxes )
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / rakesh singh
Salrary a/c dr. 50000/-
To Tds payable a/c 5000/-
To Salary payable a/c 45000/-
Salary payable a/c Dr. 45000/-
Tds payable a/c Dr. 50000/-
To bank a/c 50000/-
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / ravinder yadav
1. Salary a/c Dr. 30000
To TDS a/c Dr. 5000
To Salary Payable 25000
(Being Salary and TDS due)
2. TDS a/c Dr. 5000
Salary Payable Dr. 25000
To Cash/Bank 30000
(Being salary paid)
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / prafulla kumar patra
salary A/C.......dr
To TDS a/c
To Salary payable a/c
&
TDS a/c.............Dr
Salary payable a/c....Dr
To Cash/Bank
AND FINAL ENTRY IS BELOW:
SALARY A/C.........DR
TO CASH/BANK A/C
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / ravi naidu
salary a/c Dr 45000
tds a/c Dr 5000
To cash a/c 50000
| Is This Answer Correct ? | 10 Yes | 13 No |
Answer / pramod shukla
Mr A 27000.00
tds a/c 300.00
to Salary 30000.00
| Is This Answer Correct ? | 15 Yes | 28 No |
Answer / manisha naresh sagwekar
salary a/c.......dr 30000
to salary payable 30000
salary payable a/c ...........dr 5000
to tds on salary 5000
cash a/c ......dr 25000
to salary payable 25000
| Is This Answer Correct ? | 38 Yes | 60 No |
can anybody provide me the format of PF & ESI with the rate chart.
what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?
what is WCT rate in chhattisgarh
can previous year be greater than a period of 12 months??
What is Rule 52A (Excises Duty)
when an endorsed bill dishonored, for the endorsee, it become the laibility? 1)of the drawee 2)of the drawer 3)of the payee 4)of the indorser
what is caluculate PF what is fill the rates in the challan
My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?
Is wct charged on firm or proprietors ?
Sir please confirm job work sale for clothes shat d1 yes & no
WHAT IS THE RAE OF TDS ON PAYMENT TO CONTRACTOR INA CASE OF COMPANY & IN CASE OF INDIVIDUAL?
What is the implication in the subsequent sale to local party for the goods received from other state Non-Presentation of E-1 form : If 'A' of Rajasthan (Supplier) supplies goods directly to 'C' of Gujarat (Consignee) on instruction of 'B' of Gujarat (Buyer). There is no presentation of E-1 form. Question : Can tax be charged in the invoice of sale from 'B' to 'C' ?? If any, what will be charged..VAT or CST?
Audit 
