1. Categories >> Accounting >> Accounting AllOther
  2. Suggest New Category

If the cost of work is 20000 and retantion is 5%, tds is 1%
and wct is 2%. what is d total amount have to pay?

Question Posted / siddhinaik313

Answers were Sorted based on User's Feedback



If the cost of work is 20000 and retantion is 5%, tds is 1% and wct is 2%. what is d total amount ..

Answer / vinod maurya

Total Cost is Rs. 20,000/-
Deduction 1% TDS Rs. 200 /-
Deduction 2% WCT Rs. 400/-
Deduction 5% retention Rs. 1,000/-

Total Payable Amount Rs. 18,400/-

Is This Answer Correct ?    13 Yes 3 No

If the cost of work is 20000 and retantion is 5%, tds is 1% and wct is 2%. what is d total amount ..

Answer / jitender

Cost of Work - 20000.00
Add:-2% WCT 400.00
________
20400.00
(Security-Retention Money) 1000.00(Less)
________
19400.00
Less TDS 204.00
________
Amt Paybel 19196.00

Is This Answer Correct ?    3 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

how u find ou the closing stock

4 Answers  

what is investment banking

0 Answers   RBI, State Bank Of India SBI,

Short Answer on ___________Arbitrator

2 Answers  

what is the meaning of bills payable and bills receivables?

23 Answers   Genpact, Mona Lisa, PP, Scope International, TATA,

How to calculate india GDP growth rate?

15 Answers   CTS,




diff b/w debenture and bond?

4 Answers   American Express, Bank Of America, Syntel,

If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.

0 Answers  

EXPAND___________MDS

1 Answers  

how will make entry for bank over draft?

3 Answers  

hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

0 Answers  

What is contingent event?

2 Answers   Capital IQ,

4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470

0 Answers  

For more Accounting AllOther Interview Questions Click Here
Categories