What is the journal entry for tds certificate received by
the company debtor
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Answer Posted / suny
for example
party name (service provider ) 50000
to suny (service receiver )50000
than suny will passed entry
for example this sale is my matrial for building repair
building repair & mtc 50000
to party a/c 49500
tds on contractor 500
when payment is paid by suny
party name 49500
cash / bank 49500
when payment received by party than passed entry
cash/bank 49500
tds recoverable 500
to suny - 50000
plzzzz sorry if my entry is worng- 9817802727
| Is This Answer Correct ? | 2 Yes | 7 No |
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