what should by the journal entries for tds payble

Answer Posted / asok saha

1.Purchase A/c --Dr.
Party A/c------Cr.


2.PartyA/c------ Dr.
TDS PayableA/c-- Cr.
Cash/Bank A/c----Cr.

3.TDS PayableA/c----Dr.
Cash/Bank A/c-----Cr.

Is This Answer Correct ?    40 Yes 14 No



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