Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / amjad
suppose you hire a vechile for transportation of xyz. road
ways for which you pay Rs 20000 as freight
this transportation exp is liable for tds and the entries
will be
1) Transportation A/c dr 20000
To,tdx A/c 200 @ 1%
To,xyz. A/C 18800
2) Tds A/c dr 200
To,Tds payable 200
When making paymene
Tds payable A/c dr 200
To, Bank/Cash
| Is This Answer Correct ? | 18 Yes | 4 No |
Post New Answer View All Answers
How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500
Sir i want to ask that if the salary above 6500/- than also pf deduct.
I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
How to make deductions of the employees from salary against the loan in AP module oracle R12
In accounting, how do you define the premises?
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?
Tell me where do generally accruals appear on the balance sheet?
what is the last date of deposit TDS on liability for the assessment year 2010-11
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
What is an accounting transaction?
Explain me do you think accounting standards are mandatory and why?
