what will be the accounting treatement when we are booking
sales in our books and we know that the Debto will deduct
the TDS and then will pay the amount
Answer Posted / prasant kumar panigrahi
The Accounting treatment will be you first make the due
entry by giving passing the j.e. that debt. a/c dr. to
party a/c.cr.
and after the receipt of payment pass the entry that cash
a/c dr . tds. a/c dr. to
party a/c cr.
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