What would be the TDS Payment entry after deducting TDS
using TDS helper?
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Answer / sanjay pathak
in journal posting
Party A/C ..............................................Dr.
To, Cash/Bank A/C
To, Tds A/C
(being payment done with tds deduction)
2. Tds A/c.......................Dr.
To, Cash/Bank A/c
| Is This Answer Correct ? | 14 Yes | 0 No |
Answer / rakesh
Party a/c
To Cash/Bank
To TDS A/c
in the time of payment of TDS amount
TDS a/c
To Bank a/c
| Is This Answer Correct ? | 8 Yes | 0 No |
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