Interested to Buy Any Domain ? << Click Here >> for more details...
What is the journal entry for paying 50000 rs. To xyz co.
For professional fees after deducting tds on that.
- 7 Answers
- 33210 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / nagachandra pattar
Proff.Fees A/c Dr 50000
To XYZ CO A/c 50000
XYZ Co A/c Dr 5000
To TDS Payble A/c 5000
XYZ Co A/c Dr 45000
TDS Payble A/c Dr 5000
To Cash/Bank A/c 50000
(Being Cash paid to Party 45000 & TDS paid
to I Tax Dept 5000)
| Is This Answer Correct ? | 11 Yes | 6 No |
Post New Answer View All Answers
informance about performance is disclosed by
What are assets minus liabilities?
What is mean by Asset area?
Define the term material facts in accounting?
What is tally accounting?
How you can adjust entries into account?
What have you read in the newspapers in the last few days that particularly interested you?
What do you mean by material facts in accounting?
what is the amount withdrawlfrom other cbs branch by multicity chequ book.
Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?
As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?
how do made in finalization
What methods do you use to discover sales opportunities?
How is an accounting department structured?
what made you take up present subject/area of specialization and what would you define as your career objectives
