TDS ENTRIES IN THE HANDS OF PAYER & PAYEE
Answers were Sorted based on User's Feedback
Answer / rabindra ku.nayak
payment to contractor
In the Book of deductor
Rabindra &co A/c 60000
To Bank 54000
To Tds A/c 6000
In the Book Of deductee
Bank/Cash A/c Dr 54000
Tds A/c Dr 6000
To Tds Received 60000
| Is This Answer Correct ? | 12 Yes | 37 No |
who is called consignee
Define Accrual & what is accrual interest?
What is contingent liability.
Expand-------CAN
EXPAND___________JPC
Calculate the current assets from the following information A>credit sales Rs.2,00,000 B>G.P.ratio 20% c>stock turnover 5 times. D>Current liabilities Rs.60,000 E>Quick ratio 0.75 Stock at the end Rs.5000 was more than the stock in the beginning.
1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?
what is difference between account and accounting
credit card entry in tally
what is the treatment of frieght paid on purchase of fixed asset? & where it shold be shown?
3 Answers Infosys, John Fowler,
what is golden rules of accounts
Let me know the differences between singlr entry and double entry system of accounts