WHERE WE HAVE TO TAKE TDS RECEIVABLES IN THE BALANCE SHEET OR P&L
A/C ?
Answers were Sorted based on User's Feedback
Answer / syed imtiyaz
The TDS are comes under the current assert in Balance sheet
Is This Answer Correct ? | 14 Yes | 0 No |
Answer / vivek mohan nair
RECIEVABLES MEANS YET TO BE RECIEVED AND IN ACCOUNTING
TERMS WE CONSIDER THAT IN CURRENT ASSETS.
AND CURRENT ASSETS WILL GO TO BALANCE SHEET
EXAMPLES: TDS RECIEVABLES, INCOME TAX REFUND ETC.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / vinod
Balance sheet under current assets and credit side on P&L A/c
Is This Answer Correct ? | 16 Yes | 17 No |
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