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Pass a entry for the Contract receipts of Rs. 20000 after
deduction of mobilization adv 30%, TDS 2.244%,Works
Contract TDS 2% and retention money @ 10%

Answer Posted / prasad deshmukh

tds recble 797
Retention Money 3586
W.C. 717
Cash / Bank 20000
party a/c 25104

Is This Answer Correct ?    19 Yes 16 No



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