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If the cost of work is 20000 and retantion is 5%, tds is 1%
and wct is 2%. what is d total amount have to pay?
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Answer Posted / jitender
Cost of Work - 20000.00
Add:-2% WCT 400.00
________
20400.00
(Security-Retention Money) 1000.00(Less)
________
19400.00
Less TDS 204.00
________
Amt Paybel 19196.00
| Is This Answer Correct ? | 3 Yes | 3 No |
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Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it
