Interested to Buy Any Domain ? << Click Here >> for more details...
Mr.A repaired a printer of a company and charge a bill of
Rs.1200? The company paid Mr.A cheque of Rs.1080 and deduct
Rs.120 in TDS after couple of day Mr.A received TDS
certificate from the company. pass all the entries in the
books of accounts.
- 5 Answers
- 10104 Views
- CSC, I also Faced
- E-Mail Answers
Answer Posted / chirag saini
journal Entry in company accounts.
For the time of Exp. Due
1. Printer expense a/c Dr. 1200
To Mr. A a/c cr. 1080
To T.D.S payable cr. 120
For The Time on Payment
2 Mr. A a/c dr. 1080
to Cash/ bank a/c cr. 1080
for the time of t.d.s payment
3. T.D.S payble a/c dr.120
to bank a/c cr.120
chirag saini
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
What is mean by Asset area?
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u
What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?
Explain me scrap value in accounting?
Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.
What is tds and how it is calculated?
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
Tell me what is “deposit in transit”?
Differentiate between consignor and consignee?
what single discount is to2 successive discount of 10%& 15%
Tell us in accounting, how do you define premises?
Which forms in use in service Tax, Excise duty and Vat for the return.
WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?
