01 June 2017
Dear Experts A trading firm is Paying Rent of 38000 per month. Firm deducted tds on rate of 10 percent and paid 38000 - 3800 = 34200 to owner by cheque and paid tds of 3800 through cash in bank Please tell me journal entry about all these steps and also tell under which account head tds deducted should open in accounting software
CAclubindia
