Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

I have received 75000/- as retainership fees from ABC company but they
have deducted TDs 10% and send me 67500/- my question is that what
entry i have to pass in my books please help me

Answer Posted / imran shaikh

ABC Company A/c Dr : 75000
To Cash/Bank 67500
To TDS A/c 7500

Is This Answer Correct ?    9 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples

2020


Hello sir, i am assistent executive in partnership firm.i learn't tds return, sales tax return, service tax return and all accounting entry,reconciliation with customer & supplier.BRS. please guide me for more knowledgeble sectore in account. hense i reach become a good position in account sectore.

1803


what single discount is to2 successive discount of 10%& 15%

1820


what is account reconcillation

2122


Spinoff,Spelloff

2233


What is mutual fund what is derivatives what is capital market what is TDS.breifly

2341


What are the types of liabilities accounts?

1032


Explain me the difference between accounting and auditing?

1142


How can I put Bank Guarantee Receipt entry in Tally ERP9?

3816


Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

3730


1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?

1325


Tell me what is an over accrual?

1090


What is the meaning of scrap value in accounting?

1112


What is the acceptable accounting procedure when an error is detected in a general ledger account? Explain why such a procedure is followed?

2096


Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?

2779