Menu
Auditorium
M/s X is an Auditorium - Major income for M/s. X is Rent Received from customers. I had doubt regarding the journal entry pass for Receiving Rental income. The details as follows.
(1) Total Cash/Bank received Rs.132000
(2) Rent received - Rs,102000
(3) Service Tax – 14000
(4) Luxury Tax - 16000 what is the journal entry for the above mentioned transaction
Replies (3)
Cash A/c Dr. 1,32,000
To Rent A/c 1,02,000
To Service tax payable A/c 14,000
To Luxury tax payable A/c 16,000
IS THE ENTRY IS TO BE PASSED IN JOURNAL VOUCHER OR RECEIPT VOUCHER ???
Receipt voucher
Recent Topics :
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
Related Topics :
CAclubindia
