24 December 2010
sir how to do these entry in tally due from party:- commission 11016 secendry fright 24102 primary frieght 36134 other expenses we charged from party 2000 total amout due rs.73252
and party. presented us cheque of total amout 72150 (less tds on commission Rs.1102)
24 December 2010
Party Account Dr.72150 TDS A.Y.2011-12 Dr. 1102 To Commission Received Account 11016 to Secondary Freight Account 24102 to Primary Freight Account 36134 to Reimursement Expenses Account 2000
Note: Assumptions : 1. Expenses 2000 are Reimbursed 2. TDS Receivable for a.y. 2011-12