What is the journal entry of.Tds. ?

Answers were Sorted based on User's Feedback



What is the journal entry of.Tds. ?..

Answer / shyamgoud786

*PAID REMUNERATION TO ANUSHKA FOR ACTING IN OUR MOVIE ------- RS-4000000 (suppose TDS WILL APPLY 30% ) what is the journal entry for this transaction?

ANS:-
REMUNERATION CHARGES A/C DR 4000000
TO. CASH A/C 2800000
TO TDS DEDUCTION PAYABLE A/C 1200000

(-----_--------------------)


TDS DEDUCTION PAYABLE A/C DR 1200000
TO CASH A/C. 1200000

Is This Answer Correct ?    9 Yes 1 No

What is the journal entry of.Tds. ?..

Answer / deen dayal

Supposed paid Rent 25000 to x for m/o June-15 journal entry as under

Rent account Dr.25000
X account Cr 22500
TDS on rent cr 2500

Is This Answer Correct ?    4 Yes 2 No

What is the journal entry of.Tds. ?..

Answer / raghuvstar@gmail.com

For Eg Professional Charges Rs.20000 raised by RV and Co

1.Professional Charges 20000 Dr
To RV&Co 18000
To TDS Payable-194J 2000


2.TDS payable a/c Dr 2000
To Bank/Cash a/c 2000

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

What Kind Of Requirements for Vat Refund And Assessment Cases

0 Answers  


whether baddebts can be charged for sundry creditors

3 Answers  


EXPAND_________ULCRA

1 Answers  


Short Answer on ______________Assets

2 Answers  


What the difference between DUE & ACCRUAL?

4 Answers  






if closing stock appears in the trial balance what is the sollution

7 Answers   HCL,


What is suspense a/c in balance ?

5 Answers  


Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

0 Answers  


fill in the Blanks Recognising revenues when goods sold on credit ________basis of accounting

1 Answers  


how do you charge Depreciation in p&l,(what basis and value?)

2 Answers  


if our balance sheet will not matching so what i do ?

2 Answers   Hero Honda, Rachana Sansad,


sales-140000 variable overheads-96000 gross profit-44000 fixed overheads-16000 net profit-28000 find out p.v.ratio and breakeven point

1 Answers  


Categories