banner_ad

accounting entries

Others 497 views 1 replies
one of our clients daily passing the entry... .postage a/c dr. to cash ....but forget to Dr. service tax....now he wants input credit...and passed the entry - service tax Dr. / To postage at the end of each month...but in my opinion it should be ser tax Dr. / To cash a/c...........pls let me know whether their entry is correct or mine..
Replies (1)

if entry for input service tax is passed at the time of paymnet, no doubt it should be

Exp.                                      Dr.

Service tax                           Dr.

            To Cash                         .

 

but, as u mentioned that at the time of payment, entry is passed just Exp - dr., to cash; then at the end of month the amount of serivce tax debited to exp. account shall be debited to service tax and credited to exp. a/c.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details