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 / r kavitha
Retainership fees - Rs. 75000 Dr Cr Tds Rs. 7500/- Bank - Rs.
67500/-
Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
what is profit and loss(dr) in cash flow statement?
What are the accounting events that are frequently involved in compound entries?
How i should sellone the mobile phone when interviewer will ask sell this phone to me?
Define executive accounting?
in terms of accounting the trial balance when is it taken?
Difference between depreciation according to cost principle and matching principle
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN
on the basis accounting,acounting is divided in to how many classes and what are they?
state (5) accounting concepts and give 1 example of each
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
What is bad debt expense?
Define push down accounting?
What and How to compute an unsecured balances?
Tell us what kind of work environment do you prefer?