how to pass an entry for expenditure by deducting tds for
customer
Answer Posted / imran
Civil Contractor given Bill of Rs. 25000.00
Civil Work Dr. 25000.00
Tds on Cont. 2% Cr. 500.00
Civil Contrac%tor Cr. 24500.00
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
Can you differentiate public and private accounting?
Explain fictitious assets?
What is "deposit in transit"?
What is fbt (fringe benefit tax)?
Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj
what is t code of all expences general legder?
GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?
why are accounting firms needed?
What is general entries for Deffered Tax?
Explain me have you ever heard about tds, what it is?
Pls let me know Job profile for Account Manager.
what is loan operations and what are the complete process form from making customer to closure of loan
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?