When tds is deducted from the payments to suppliers, how the Entry will appear in books of accounts in tally.
3 4987How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500
2 40247My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
1795Our company deposited an amount of 20000 as FD . After the maturity period we are not received any interest and the bank deducted 2938 amount as TDS from our interest and added the interest to the principle amount and renewed the FD. then what is the journal entry for the same.
2 4442last year company profit is Rs 50.000 ,the part of the profit is transfer to reserve and surplus account . but the current year company suffering loss .in that situation company can take help Rs 25000 from reserve and surplus . if yes than how can ,please reply me what is general entry
3 6956explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule
KSOU,
2239Post New Accounting General Questions
Do you know retail banking?
What is batch input? why we use batch input session in SAP(FICO)?
Which steps in Procurement to Pay process does FI documents get created.
Tell us what is icai?
What is the difference between personal account real account and nominal account?
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
hai! i am a BE(computer science) graduate with 54% of aggregate looking for bank clerk job? in interview they are asking why are you looking for a bank job and what guareente that once you are selected ? plz guide me?
What are the differences between accounting and auditing?
Explain what is accrual accounting?
What are the methods used in different industries for labor and non-labor costs in Projects.
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
all ques. related to accounts?
A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
credit card all entry pass in tally