What are the uses of journal in accounting?

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BANK

2 Answers   Bank Of America,

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why debit is called debit.& why debit is on left side,why not on right side ?

3 Answers  

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The Lessee's right to recover the short working is related to

1 Answers   Websol,

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if we import the good from usa rs 50000 and deposite in ware house what is the entry in tally

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how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come

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Home furniture sold goods to Jhon for 150000 on 10th march 2015, due to damage occured in transmit rs 20000 worth of goods have been returned on 16th march 2015. What is the journal entry for both the instances ?

2 Answers   NA,

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when we are cash deposit in bank, how entry in contra (tally)software ?

8 Answers   Somerset,

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What do you mean by DP(Drawing Power)

14 Answers  

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i am working in pvt company as accountant. but i have one doubt in case of tds deduction. becouse we have paid Rs.25000/- to Just Dail Group account as a Advertisement Expences. I know Rules of Tds deduction Rule no: 194C any payment to contract (advertisement contract) must want to deduct tds (1.133%)if u paid advertisement expences more than Rs.20000/- (one time). but my doubt is this. how much our assessment value in this creditor. up to 20000 don't want to pay tds. r we only assessed value Rs.5000 (25000- 20000), ie Rs.56.65 or whole amount (25000)ie Rs.283.25. anybody can help me

13 Answers  

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Over or under provision of what is taken to profit and loss account as profit or loss at the time of termination or sale of Assets?

1 Answers  

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Explain me have you ever heard about tds, what it is?

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