Easy Office
LCI Learning

Treatment of lottery draw

This query is : Resolved 

29 May 2015 My friend distributed a car of RS 500000
as per tds rules tds @30% deducted
what is the accounting entry of this transaction in the books

29 May 2015 Business promotion exp.
to Tds payable a/c
to Bank a/c





You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries