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Answer Posted / vikrant
In case of Payment Booking (Example)
Revenue(Expenses) A/c Dr. 101
To Party A/c Cr. 100
To TDS Payable A/c 1
While making payment to Govt.
TDS Payable A/c Dr. Rs.1/-
to Bank A/c Rs.1/-
If TDS on Provision
Revenue(Expenses) A/c Dr. Rs.101/-
to Provision(Libilities) A/c Rs.100/-
to TDS payable A/c Rs.1/-
| Is This Answer Correct ? | 32 Yes | 5 No |
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