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.

purchase return liability or asset?should it be included in the balanced sheet?

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Explain me fair value accounting?

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When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

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What accounts are to be debited and credited in this case o

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Plz Ask from me New Accounting Questions.

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Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-

1955

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Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??

1975

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i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?

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