Rent receivable entry

Mr. Satheesh Kumar 

(1)  Journal Entry for the rent due

Party /Tanent  A/c ( Dr) 11236

To Rent Receivable A/c      10000

To Service Tax Payable      1236

(2) Receipts Entry

Bank A/c (Dr)      10236

TDS A/c (Dr)        1000

To Party / Tanent A/c ( Dr In above entry) 11236

(3) Payment of service Tax

Service tax Payable A/c  1236

To Cash /Bank A/c        1236

pass the above journal entry .......................................

rent received from shop of Rs.55000/-

TDS deducted of Rs.5500/-

rent deposited in bank 49500/- how should we take this entry in tally...

Accoridng to me

Bank A/c              ( Dr )                49500

To TDS A/C         ( Dr )                  5500

         To Tenant A/C ( CR )                   55000

( Being rent received from tenant )

Ashish Tiwari

Sir,

PLS LET ME KNOW GROUPING OF RENT RECEIVABLE 

Originally posted by : gayathri
	Sir, PLS LET ME KNOW GROUPING OF RENT RECEIVABLE

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