Entry of tally
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 September 2014
Hello All
I am an accounts person. I have sold the property of Rs6500000/- and buyer deducted tds of Rs65000/- and made payment to me. What is the entry in my books?
Regards
I am an accounts person. I have sold the property of Rs6500000/- and buyer deducted tds of Rs65000/- and made payment to me. What is the entry in my books?
Regards
01 September 2014
Entry,
Bank A/c. Dr.64,35,000
TDS Receivable a/c. Dr. 65,000
To property a/c. Cr.65,00,000
Entry,
Bank A/c. Dr.64,35,000
TDS Receivable a/c. Dr. 65,000
To property a/c. Cr.65,00,000
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