why is TDS treated as an asset while preparing Balance
sheet.
Answer Posted / h.s.sarda
there are two part of tds. first is we deducted & deposited
in bank its our liabalities. When we sales labour charges
or etc. then party deducted from tds on our behalf. it is
our current asset. we should setoff from income tax payable
a/c. so we treated as an asset.
Is This Answer Correct ? | 82 Yes | 11 No |
Post New Answer View All Answers
What is Budgeted capital ?
what is circuit filter?
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
what do Loan Loss Coverage Ratio mens describe it with examples?
what is capital market and money market? what is primary market and secondary market?
what is debit/credit note ? what deffered income and expencess?
Who will be called as consignee
what is the nature of bill receivable and consignmenta/c
i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???
Expand-------URM
EXPAND_________SDJMC
Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com
Accounting related interview questions on ibm
Please explain a Representative Personal Account.