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journal entry for tds

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(Querist)
16 September 2017 my company paying monthly rent of 55000(after tds 49500 through bank). TDS for the same is paid by HO and the amount is paid to HO from my office by cash. what is the exact journal entry for payable and payment.
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
16 September 2017 1st Entry will be:
Rent A/c Dr 55000
To Bank/Vendor 49500
To TDS Payable 5500

2nd Entry will be at the end of the month to transfer all TDS Payable during the month
TDS Payable DR******
To HO ******
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sreejith

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sreejith (Querist)
17 September 2017 thank you sir



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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
17 September 2017 Welcome Sreejith Ji

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