Final accounts

This query is : Resolved 

23 March 2012 what will be the entry in P/L A/c nd Bal Sheet for "dividend recd on investment less 22% tax"...


25 March 2012 Bank A.c Dr (net amount)
TDS Receivable (tax amount)
To Dividend (Gross amount)

28 March 2012 sir u mean mujhe bank me net amnt add krna hoga, nd cur asts me tds recvble me tax amnt show krna hai... nd pl a/c me cr me divdend recd ki entry krni hai....



28 March 2012 Yes, that is what you have to do.



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