Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

IN THE COMPANY 'X' PERSON INJURED AND HE GOT TREATMENT
FROM HOSPITAL AND COMPANY GIVEN THE AMOUNT RS 950/- AND
DEDUCTED TDS AMOUNT RS 50/- WE GIVEN THE PAYMENT BY CHEQUE
TO THAT HOSPITAL THEN WHAT WILL BE THE ENTRY

Answer Posted / faiz

it is not service it was exp so tds is not applicable

entry will be

HOSPITAL EXP A/C DR...950
TO CASH\BANK 950


TDS NOT APPLICABLE BECAUSE IT IS EXP NOT SERVICE OR CONTRACT

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is fractional code and how can i get a fractional code for a particular account?

2044


Define trade bills?

1215


can any accountant forward format of daily or monthly mis format for accounts and finance dept!!

1882


Explain me by saying, perpetual or periodic inventory system; what do we mean?

1152


Why are accounting standards necessary?

1075


Explain what is ledger?

1100


What is the definition of offset accounting?

1060


Describe me accounting rules

1952


What is a comprehensive income?

1074


Please explain the difference between provision and reserve?

1022


What is depreciation and how many types are there. Please give details?

1151


Tell us why did you select accounting as your profession?

1077


What is mutual fund what is derivatives what is capital market what is TDS.breifly

2365


Tell us what is icai?

1096


what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.

1831