Interested to Buy Any Domain ? << Click Here >> for more details...
What accounting Treatment we should do while we received
Amount Rs 39200 After deducting Tds 800 From Invoice Amount
40000. Kindly also explain for deducting Tds should be
booked under which Head of Tally.
- 4 Answers
- 9141 Views
- I also Faced
- E-Mail Answers
Answer Posted / sajjad1
Be Carefully While Passing this Entry if we cr the party
with whole amount then in party ledger it also cr against
whole amount so pass this enrty to show the double effect
in party ledger
Bank A/C 39200 Dr
Party 39200 Cr
TDC 800 Dr
Party 800 cr
So this entry shows against which amounts we cr to the
party. thx
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Explain what are the accounting events that are frequently involved in compound entries?
Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
Debit Card Come Under Which group in Tally 9?
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
What is difference between Cash Flow and fund flow
all GL Related Interview questions with answear
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
goods worth rupees 440 distributes free among the poor?
what are the different methods of teaching share and debenture to pre degree students
Do you know what is balance sheet?
Who is considered the father of accounting?
Recent banking question for 2015 interview for scale2 exam of sbm
what is the right process for input credit of Service tax. and on which service i can take credit.
