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.
Thanks.
Aditya Sharma (finance advisory) (377 Points)
24 October 2018rent 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.
Thanks.
satish
(teaching)
(2046 Points)
Replied 24 October 2018
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8516 Points)
Replied 29 October 2018
Mr.Satish answer is absolutely right.
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