A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books.

5 Answers   CTPL,

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Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??

0 Answers  

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Tell me in balance sheet, where do you show tds?

0 Answers  

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Option

2 Answers   Bank Of America,

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define cost control?

1 Answers   Mona Lisa,

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I want to be an accountant so what so i do for been a good accountant...please tell me as soon as possible

3 Answers  

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what is liability

7 Answers  

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Why the provision is considered as expense and reserve is considered as liability even if they both are allocated as precautionary for specific and general purpose? pls Explain.

1 Answers  

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WHAT IS THE MEANING OF ACCOUNTING

3 Answers  

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Explain under what type of account does the unearned revenues fall?

0 Answers  

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if u sale an asset for 10000, which has a book value of 8500. what will be the journal entry???

4 Answers   ACS, EXL,

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1) I WANT TO KNOW TDS APPLICABLE TO RENT, CONTRACTOR, SALARY, PROFESSIONALS, TRANSPORT ETC 2) WHAT IS PPF . WHAT ARE THE BENEFITS IF A PERSON INVEST IN PPF. WHAT IS THE RATE OF INTREST AT PRSENT. WHAT IS THE PROCUDURE OF PPF. 3 ) WHAT IS INFLATION ? HOW GOVT CONTROLS INFLATION WHAT ARE THE RESERVE BANK ' RESTRICTIONS ON CONTROLING INFLATION 4) UP TO WHAT AMOUNT TDS IS APPLICABLE . PL SEND US CHART OF TDS APPLICABLE FOR ALL ALLIED SERVICES

1 Answers  

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