while we are paying salary what wil be the entry for tds
deduction
Answer Posted / kumud mishra
We have to pass entry like this
Salary Dr. 100
TDS On Salary Cr 20
Salary Payable Cr. 80
Is This Answer Correct ? | 17 Yes | 2 No |
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dear i want basic a\C's oriented question. these are asking in mostly all mnc companies
1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-
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