Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / mahesh giri
suppose expense is rent rs 20000 and tds is rs 2000
and parties are ram and shyam.
in the books of payer/deducter
(1).rent a/c dr. 20000
to tds payable a/c 2000
to Ram's a/c 18000
(being the payment due)
(2) Ram's a/c dr.18000
tds payable a/c dr.2000
to bank a/c 20000
(being the payment made)
| Is This Answer Correct ? | 48 Yes | 13 No |
Post New Answer View All Answers
differences between liabilities and assessts
while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited
is indian bank or canara bank CBS brach?
What is COVER payment?
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
What is corporate restructuring?
Expand--------SOT
Explain Cash Basis of accounting
What is 100% EOu? what is the benifit and what is difficulty of it?
Difference Between Revenue & Capital Expenditure (Give an Example of each )
Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?
what is mean by ledger
What is revaluation of Accounts, how does it is accounted in business
Explain the word Liquidation
