tds journal entry for
payment received from contractor ?
first payment entry
Dr. bank a/c
to contractor a/c
and then 2nd journal entry if he deducted TDs
Dr.tds refundable a/c (current assets)
to contractor a/c
madan mohan
(Accounts)
(140 Points)
Replied 28 September 2018
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
