Answer / ranjan kr pradhan

For giving service the entry will be:-

Debtor A/c...........Dr
To Service A/c.......Cr
To Service Tax A/c...Cr (If registered under Service Tax)

At the time of payment receiving from debtor:-

Cash/Bank A/c .......Dr
TDS Recoverable A/c..Dr

To Debtor A/c....Cr

Answer / bablu gupta

debtors 73600/- service 64000/- service tax @15% tds @2%
please pass journal entry

If cheque issued for 1400/- and recorded as 1900/- how do we rectify this error.

6 Answers  

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Accounting periode is normaly one year, bot accounting periode is for 5 year is possible or not?plz list the name of organistaion whose accounting periode is 5 year

1 Answers  

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M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

0 Answers  

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entry of salary after deducting esi and pf

2 Answers   Fiat,

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Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss

0 Answers  

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IN PROCESS ACCOUNTING, HOW ABNORMAL LOSS & ABNORMAL LOSS IS TREATED?

2 Answers   FCI, Genpact,

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what is the Difference between CC & OD accounts

4 Answers   Amul, ITC Infotech, Northern Trust,

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WHY U HAVE CHOOSE ICWA WHY NOT CA

0 Answers   RRB,

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which chart of accounts is used for day to day postings?

2 Answers  

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What will be the general entry for purchase return? What will be the general entry for sales return?

3 Answers   Redington,

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what is journal entry for cash received

11 Answers  

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ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10

0 Answers   ABC,

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