Pass a entry for the Contract receipts of Rs. 20000 after
deduction of mobilization adv 30%, TDS 2.244%,Works
Contract TDS 2% and retention money @ 10%

Answer Posted / arun kumar

MObilization adv dr. 6000
TDS dr. 449
wct dr. 400
retention money dr. 2000
party/dr. 11151

contract receipt 20000 cr.

Is This Answer Correct ?    9 Yes 4 No



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