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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
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Answer Posted / krushna
Mr Salman your answer is wrong He recd chq for Rs 20000.
So you have to take entire aount into consideration.and
regarding TDS. Air tle will pay to the Govt.So you cannot
pass.The entries will be as follows
Bank a/c Dr 20000
TDS receivable Dr 1000
To Air Tell a/c 21000
(Being chq from Air Tel after deducting TDS)
| Is This Answer Correct ? | 7 Yes | 1 No |
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