how to pass an entry for expenditure by deducting tds for
customer
Answer Posted / sandeep
1. Expenditure A/C......Dr
To Creditor A/c
To TDS Payable A/c
2. TDS Payable......Dr
To Cash/Bank A/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
How familiar are you with crm?
Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries
Tell us do you have any professional experience of this field?
What is your role in planning?
how to enter the tender refund amount in tally ?
What is the acceptable accounting procedure when an error is detected in a general ledger account? Explain why such a procedure is followed?
purchase return liability or asset?should it be included in the balanced sheet?
we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
What is the difference between accumulated depreciation and depreciation expense?
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
What software applications have your used for accounts receivable?