Give the correct entry for below statement.
'A' Securiy charges 395926, Vehicle maintenance 5000 and
Mobile charges 1300 and Service tax 12.36% and TDS 2.266%
pl give me journal entry
Answers were Sorted based on User's Feedback
Answer / veer
security charges dr -395926
vechile maintance dr -5000
mobile charges dr -1300
input service tax@12.36% dr -49715
tds payable u\s 194c cr -10241
party a/c cr -441700
Is This Answer Correct ? | 15 Yes | 3 No |
Answer / sohail
1)
security charges a/c......................395926.........Dr
vehicle maintainance a/c..................5000............Dr
Mobile Charges A/c........................1300...........Dr
input service tax A/c.(402226*12.36%).....49715..........Dr
Tds output A/c.(402226*2.266%).............9114...........Cr
Party A/c.................................442827..........Cr
2) If every fild adding service tax & No input is there
security charges a/c......................444862.........Dr
vehicle maintainance a/c..................5618...........Dr
Mobile Charges A/c........................1461...........Dr
Tds output A/c (451941*2.266%)............10241.........Cr
Party A/c................................441700..........Cr
Is This Answer Correct ? | 10 Yes | 1 No |
Answer / manoj bassi
Dear Sir, Please mention the Security name & please do
mention weather the service tax is recoverbale or payable..
Furthermore, it is not mentioned that vehicle charges &
mobile charges are related to security charges or not?
Please arrange to provide the adequate inforamtion
Thanking You,
Yours Faithfully,
Manoj Bassi
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / anil
security Expences dr 395926.00
Telifone Exp dr 5000.00
Serive Tax Input(reciable)if you will not include
395926.00 12.36% Dr 48937.00
Tds Only(395926+48937.00)*2.266% cr 9902
Party Cr 439961.00
Is This Answer Correct ? | 1 Yes | 3 No |
What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.
How to calculate Excise duty in manufacturing secoter.
Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.
If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?
What is the Procedure of Import & Export
Pass a entry for the Contract receipts of Rs. 20000 after deduction of mobilization adv 30%, TDS 2.244%,Works Contract TDS 2% and retention money @ 10%
agar hum koi sale return 3 month ke andar hi receive krte hai or part uski cst purchase ka bill deti hai or humse c form mangti hai to kya hum use LS-10 me tax benefit ke liye and LP-3 me c form issue krne ke liye kyoki central purchase ka haryana vat me benefit nhi milta kya dono form LP-3 and LS-10 me hum us return ko show kar skte hai
If IOCL give turnkey project to any contractor who will be got benifited with respect to tax(Direct/Indierct) and how.
Q.No.1) I paid Salary to our staff after deduction TDS. what is the journal entry pass at that time of payment of salary only, and then at the time of payment of tds. and the last date for payment of TDS Q.No.2) Suppose I paid Salary In advance due to that officer is take business tour at the end of the month in after deducting TDS. Now What is the journal entry Salary Advance & Payment of TDS. and when i will pay TDS for This Situation. Kindly Help me
what is excise duty? what is excise duty percentage on sales?
What is Entertainment Tax?
What is VAT TDS? when it is applied & at what rate?