how to record journal entry for tds on salary on quarterly
basis?
Answer Posted / vinay.r
Salary A/C Dr 50000
To Salary Payable A/c 45000
To TDS on Salary A/c 5000
Salary Payable A/C Dr 45000
To Bank A/C 45000
TDS on Salary A/c 5000
To Bank A/c 5000
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