Answer Posted / mahesh
Accounting is the great atr of Recording, Summering, the ra
data of companies position
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Have you ever heard about tds, what it is?
What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.
Ledger Enteries
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In which term & condition excise invoice raises & for what excise invoice raise?
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For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
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