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how to record journal entry for tds on salary on quarterly
basis?

Answer Posted / vishakha gandhi

salary A/c Dr. 10000
to Bank A/c 9000
to TDS payable A/c 1000


TDS paid to Govt.

TDS payable A/c 1000
to Cash / Bank A/c 1000

Is This Answer Correct ?    1 Yes 0 No



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