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Hi to All any body pls. tell me the entry for tds in salary
example-- one employee salary 25000 tds will be 1000
how to deduct and what will be the entry for above
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Answer Posted / khan
Simple Answer is
Salary A/c Dr.25,000
To Cash/Bank A/c 24,000
To TDS A/c 1,000
| Is This Answer Correct ? | 10 Yes | 1 No |
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