Hi to All any body pls. tell me the entry for tds in salary
example-- one employee salary 25000 tds will be 1000
how to deduct and what will be the entry for above
transactions
Answers were Sorted based on User's Feedback
Answer / sushil shriwastav
salary a/c 25000/-
To Cash a/c 24000/-
To TDS a/c 1000/-
| Is This Answer Correct ? | 17 Yes | 0 No |
Answer / amit goel
SALARY A/C DR. 25000
TO SALARY PAYBLE A/C CR. 24000
TO TDS PAYBLE CR. 1000
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / khan
Simple Answer is
Salary A/c Dr.25,000
To Cash/Bank A/c 24,000
To TDS A/c 1,000
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / namrata
salary a/c Dr. 25000/-
To tds A/c 1000/-
TO.cashA/c 24000/-
| Is This Answer Correct ? | 3 Yes | 0 No |
Why Bhavana why you are hasty why not observing the
question The question was about the TDS deduction.You
answered without taking TDS into consideration
sankeerthana
www.therealaccountants.com
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / roshan bagul
Salary a/c Dr. 25000/-
To, TDS a/c 1000/-
To, Cash a/c 24000/-
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / surabhi gupta
Salary a/c Dr. 25000
To Tds payable A/C 1000
To Cash/Bank A/c 24000
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / suresh
For provision
Salary A/c Dr 25000
To Tds A/c ( On Salaries) 1000
To Party A/c 24000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bhavna
Basic 12000
HRA 8000
D.A. 2500
Conveyance 2500
To Cash /Bank Ac 24000
To Profession Tax A/c 1000
| Is This Answer Correct ? | 5 Yes | 20 No |
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