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Pass a entry for the Contract receipts of Rs. 20000 after
deduction of mobilization adv 30%, TDS 2.244%,Works
Contract TDS 2% and retention money @ 10%
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Answer Posted / mn
total contract price Rs.20000
bank a/c - Dr
to mobilization adv 30% - 6000
to tds - 449
to contract tds - 400
to retenion money - 2000
to contract payable - 11151
| Is This Answer Correct ? | 7 Yes | 12 No |
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