i received annual inncentive received with deduction of TDS
from My suplier. Total amount 100000/- Inncentive.Rs.90000/-
Tds Rs.10000/- how to take entry in my books.
Answer Posted / sanjay kashyap
CASH A/C DR. 90,000
TDS A/C DR. 10,000
TO INCENTIVE A/C 1,00,000
(BEING INCENTIVE RECEIVED & TDS PAID)
Is This Answer Correct ? | 6 Yes | 1 No |
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