Interested to Buy Any Domain ? << Click Here >> for more details...
If the Rent paid amount including TDS Amount and Service
tax. and the company effecting for input tax what will be
the entry we need to pass in books...pls help me out.
9964339964 / dgowda99@gmail.com
- 5 Answers
- 22506 Views
- Infosys, I also Faced
- E-Mail Answers
Answer Posted / latika
1.RENT PAID A/C - DR. 10,000/
SERVICE TAX INPUT DR.- 1236/-
TO PARTY A/C - CR 11236/-
(RENT PAYABLE TO PARTY )
2.PARTY A/C - DR- 1123.6/-
TDS PAYABLE ON RENT A/C CR.-1123.6/-
(TDS CHARGED ON RENT PAID)
3.PARTY A/C- DR- 10112.4/-(11236-1123.6==>TDS AMT)
TDS PAYABLE A/C -DR.1123.6/-
SERVICE TAX PAYABLE A/C -DR.1236/-
TO SERVICE TAX INPUT A/C -CR 1236/-
TO BANK A/C CR- 11236/-
(AMT PAID TO PARTY AND TDS AMT SUBMITTED TO BANK)
| Is This Answer Correct ? | 2 Yes | 7 No |
Post New Answer View All Answers
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 ?
Define balancing in accounting?
Tell me what is working capital?
What is customer account?
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
Tell me how many types of business transactions are there in accounting?
What is the formula for acid test ratio in accounting?
When their is one pick point and four unloading places with in same district their is need to write four number of way biils
Why we debit expenses and credit incomes ?
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
have you ever been involved in an invoice dispute? How did you manage the problem?
What was the most difficult deal you had to close?
What is Statory Books ?
our cheque to Arshad Khan was dishonored?
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
