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Hi all
I got one cheq from Airtel an amount of 20,000/- Tds is 1000/-
what is JV and Dep entry in tally

Answer Posted / salman

DEP A/C DR 20000
TO TDS A/C 1000
TO AIRTEL A/C 19000
(BEING AMOUNT OF DEP CHARGES)

TDS A/C DR 1000
TO CASH/BANK 1000
(BEING TDS AMOUNT DEPOSITED)

AIRTEL A/C DR 19000
TO CASH/BANK A/C 19000
BEING PAYMENT AS PER AGST NO (OR) BSR NO....)

Is This Answer Correct ?    4 Yes 3 No



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