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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

Answer Posted / amit goel

SALARY A/C DR. 25000
TO SALARY PAYBLE A/C CR. 24000
TO TDS PAYBLE CR. 1000

Is This Answer Correct ?    11 Yes 1 No



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