what is the entry of tds when rent received for debtors ?
Answers were Sorted based on User's Feedback
Answer / prem kumar
Bank A/c Dr
TDS Receivable A/c DR
To Debtors A/c
(Being rent Received form Debtors After Deducting of TDS )
Is This Answer Correct ? | 10 Yes | 2 No |
Answer / kiran
party a/c dr
to tds a/c
( being tds deducted @10% on rent)
Is This Answer Correct ? | 2 Yes | 3 No |
Answer / ayyappa
Bank a/c Dr xxxx
sundry Debtors a/c xxxx
Tds payable a/c xxxx
(Being rent received and tds payable )
Is This Answer Correct ? | 0 Yes | 9 No |
i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial
What is general entry credit purchase?
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
give me some simple examples of personal account, real account, nominal account
How do u calculate closing stock in training account?
How can I put Bank Guarantee Receipt entry in Tally ERP9?
What is Tax Groups
The following are the transactions with respect to goods traded by Gopal- i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash iii) Bought goods Rs.45,000 from Suresh & Co on credit iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000 v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs 9000) vii) Received cash from Gangadhar Rs.11,500 in full settlement. viii) Paid carriage charges on the goods purchased Rs.2,000. Find out the closing stock as on 31 -1-2005. Also, find how much is still due to Suresh?
Describe the P&L Account?
What is suspense account?
what is meant by ratio analasis
What is capital adequacy ratio? What is demat account?