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 / surabhi gupta
Salary a/c Dr. 25000
To Tds payable A/C 1000
To Cash/Bank A/c 24000
Is This Answer Correct ? | 2 Yes | 1 No |
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non cash or bank income or expense