what is the entry of tds when rent received for debtors ?

Answer Posted / ayyappa

Bank a/c Dr xxxx

sundry Debtors a/c xxxx

Tds payable a/c xxxx

(Being rent received and tds payable )

Is This Answer Correct ?    0 Yes 9 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the difference in accounting and marketing and what is so different about them?

628


WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?

1931


How does Cheques work while processing it in SAP? What are the effects and the methods.

1753


What are control ledgers?

683


What is the entry for closing stock value reduction?

2101






bank jobs

1679


salary payable deduct tds entry

1106


ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10

2050


Productive Investment is Working Capital. Is it correct?

1255


What do you find most satisfying about this job?

621


Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?

615


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

34167


Were i have to enter for agreements in tally and in which ledger it will come

1225


what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement

1722


Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?

1717