I have received 75000/- as retainership fees from ABC company but they
have deducted TDs 10% and send me 67500/- my question is that what
entry i have to pass in my books please help me
Answer Posted / imran shaikh
ABC Company A/c Dr : 75000
To Cash/Bank 67500
To TDS A/c 7500
| Is This Answer Correct ? | 9 Yes | 5 No |
Post New Answer View All Answers
Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.
Sold goods to Gasha 600 by cash
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
whether allowances will be included in calculating esi from gross salary
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
What does overhead mean in regards to accounting?
What are source documents in accounting?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
If a transaction was missed completly how do you find it?
What are the advantages of computer accounting over paper accounting?
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
Tell me where do generally accruals appear on the balance sheet?
why you want to lecturer
What qualification do you need to become an accounting professional?
How calculate holding company account?