Interested to Buy Any Domain ? << Click Here >> for more details...
Hi to All any body pls. tell me the entry for tds in salary
example-- one employee salary 25000 tds will be 1000
how to deduct and what will be the entry for above
transactions
- 9 Answers
- 12392 Views
- I also Faced
- E-Mail Answers
Answer Posted / sushil shriwastav
salary a/c 25000/-
To Cash a/c 24000/-
To TDS a/c 1000/-
| Is This Answer Correct ? | 17 Yes | 0 No |
Post New Answer View All Answers
Which accounting applications are your familiar with?
Tell us how can you define departmental accounting?
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?
Journalise- opened a saving a/c with S.B.I. ?
What was the most difficult deal you had to close?
what is share application money pending allotment?
What is the revenue recognition principle?
Tell me what do you believe makes a successful account executive?
Define scrap value in accounting?
what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance
Why did you select accounting as your profession?
hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much
Define partitioning in accounting?
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
when dissoluction of firm why investment flchuationfund subtrect from book value
