what will be the accounting treatement when we are booking
sales in our books and we know that the Debto will deduct
the TDS and then will pay the amount
Answer Posted / prasant kumar panigrahi
The Accounting treatment will be you first make the due
entry by giving passing the j.e. that debt. a/c dr. to
party a/c.cr.
and after the receipt of payment pass the entry that cash
a/c dr . tds. a/c dr. to
party a/c cr.
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
THIS QUESTION IS RELATED TO PAY ROLLS IF ANY BODY HAS THE FORMULAES IN EXCEL ABOUT PAYROLLS CALUCULATIONS PLS HELP ME OUT
why auditors are not true and faire statement of account
promotions of a new apointed auditor in cgda.
which of the following procedure would auditor lease likely perform in planning a financial statement audit?
what is the accounting treatment on Putoption over own shares.?
Explain tangible assets?
How to involve people in audit?
what is the difference you can make by doing your course in the country of your choice
How to reconcile GST Tally and GST Portal ?
What is the mean of internal audit?
Explain the different advantages and disadvantages of internal audit?
what supporting documents do we vouch to for sales, purchases, receivables, payables, sales cutoff, and liabilities cutoff?
Would you consider alternative vacancies if so which:
How I can evaluate the internal control audit?
What are the importance of internal audit to the organization?