What is the journal entry for tds collected on a cheque of Rs
50000 paid to a consultant?
- 3 Answers
- 5711 Views
- I also Faced
- E-Mail Answers
Answer Posted / raghu.v.
if Its Total value Rs.50,000/-
Consultant Fee / Expense a/c Dr 50,000
Consultant/provider a/c Cr 45,000
TDS Payable on con fee(194J) Cr 5,000
| Is This Answer Correct ? | 12 Yes | 2 No |
Post New Answer View All Answers
which type of questions did HR Manager ask and what are the answers
Why we debit expenses and credit incomes ?
Tell me what is an over accrual?
Do you know what is balance sheet?
What is the purpose of financial statements?
How is an accounting department structured?
how we can calculate sundry debtors and crditors a/c?show some examples
Hai Experts can any one send me some finance interview questions ,my mail id is c.sujatha2008@gmail.com,please send quickly it's so need.
What have you read in the newspapers in the last few days that particularly interested you?
What is the difference between the accrual accounting and cash accounting?
what is book building
Tell me how much statistics knowledge is necessary or required in accounting?
what is t code of journal voucher report with amount?
can any accountant forward format of daily or monthly mis format for accounts and finance dept!!
Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
