What is the journal entry for tds collected on a cheque of Rs
50000 paid to a consultant?
Answers were Sorted based on User's Feedback
Answer / vishalgoel88@yahoo.com
Consultancy fees a/c dr. ... 50000
To Bank a/c ... 45000
To TDS payable a/c... 5000
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vishal
Total Value of Expense 50000/-
Entry
Consultant Fees ...dr 50000
tds on 194j a/c. ...cr 5000
To bank a/c ...cr 45000
| Is This Answer Correct ? | 0 Yes | 4 No |
distribution of gift in diwali to employee & buyer!! what's suitable expences head.
We have bought a vehicle amounting and take a loan from bank and some part has been paid by Cash.
in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice
If the employee has no any experience and he not achieved or he not did any specified work in his student life while he looking job if interviewer ask about any thing about his acchivement what he have to say
how do made in finalization
what is the differece between salary and remuneration?
Difination of Debit & Credit note. Journal entries of Debit & Credit note.
what are the types of leverage ratios?
professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally
what is the entry pass of prepaid expense & o/s expenses?
how to pass journal entry when cash received in the form of gold or other form?
What are the minimum and maximum members allowed in partnership firm