CCI Online Learning
What do you want to learn today?

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Accounting entry for rent due and saary due

Aditya Sharma (finance advisory)     24 October 2018

Aditya Sharma
finance advisory 
 12 likes  372 points

| My Other Post

rent and salary becomes due on 1 day of the month.

but paid on 20 th of the month along with TDS DEDUCTION.

Please tell accounting entry for 1) becomes due 2.) paid. BOTH ALONG WITH TDS PROVISION.



satish (teaching)     24 October 2018

 150 likes  1988 points

View Profile | My Other Post

for suppose total exp is 100. out of that TDS is 10% i.e 10/-.and balace is payable to party. following entry is to be passed on last day of the month.
Expenditure A/c Dr. 100
To TDS on exp. 10
To payable 90


rahul (a)     24 October 2018

 98 likes  1580 points

View Profile | My Other Post

satish 👍👍👍👍👍👍👍


Rama chary Rachakonda (Master in Accounts & Lawyer email voice no:9989324294)     29 October 2018

Rama chary Rachakonda
Master in Accounts & Lawyer email voice no:9989324294 
 69 likes  1161 points

View Profile | My Other Post

Mr.Satish answer is absolutely right.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads


Popular Discussion

view more »

Trending Tags

GST Live Class    |    x