When we paid tds on rent how will journal entry will come and how to enter in tally software?
Answer Posted / sandeep negi
Lets assume the following. "A" consider Party. "B" consider
TDS & "C" consider Rent
So Journal entry will be as following
Rent "C" (debit)(value of (A+B)
To TDS "B" (C-A)
To PArty "A" (C-B)
Thanks
| Is This Answer Correct ? | 37 Yes | 3 No |
Post New Answer View All Answers
WHERE WE CAN USE VAT 5%,14.5%
Define social responsibility accounting
A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
when we can submit Form-C to the Sales Tax Dept. What is the period to issue Form-C to the supplier
what is the right process for input credit of Service tax. and on which service i can take credit.
Sold goods to Gasha 600 by cash
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
If closing stock is given in adjustments, how we show in tally 9.0 ?
What is Time capital
HOW CAN WE CONVERT IN CFT TO A ROUND LOG??
calculations of pf
How can you do credit control?
Who created snapit accounting?
How do I record a prior year property tax refund on sale of asset due to overvaluation