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how to record journal entry for tds on salary on quarterly
basis?

Answer Posted / n.chandra shekar

salary a/c dr 30000
To salary payable 25000
To tds 5000

salary payable a/c 25000
To cash/Bank 25000

tds a/c 5000
To cash/Bank 5000

Is This Answer Correct ?    15 Yes 0 No



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