Interested to Buy Any Domain ? << Click Here >> for more details...
If vendor is deducting TDS amt while paying, how to pass
entry inbooks. Will it be TDS recoverable/TDS payable a/c.
kindly clarify
- 3 Answers
- 10735 Views
- I also Faced
- E-Mail Answers
Answer Posted / sandeep
Boss,
to be frank, the question itself is wrong, TDS will be made by the receiver of the service, vendor is a provider of service. A customer can do that then the entry will be,
Bank A/c Dr/....
TDS Payable Dr..
To customer A/c.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
What is creative accounting?
in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity
what is subscription order
are tpt, freight & packing charges part of sales & purchase ??
HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?
What does the abbreviation m mean in accounting?
what is an ideal organisation
Mention the types of accounts involved in double entry book-keeping?
in Sensex and Nifty, what is the measure to take the points
What is the procedure of submit bank guarantees and cancellation.
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
we can transfer stock between two firms with same name but prop. is different.
