For Commission Income
Pass entry
Raj and Co Dr 100,000
To Commission Income 100,000
(Raj and Co is Sundry Debtor
Commission Income is under Direct Income
It is a Journal Entry in Tally)
For Receipt of Money
Bank A/c Dr 90000
TDS Receivable Dr 10000
To Raj and Co 100000
(It is a Receipt entry in Tally
TDS Receivable is a Current Asset)
Bank is under Bank Account
Learn more here
http://teachoo.com/4198/373/Entries-During-The-Year/category/TDS-Receivable-Entries/
Written on Feb. 11, 2017, 12:23 p.m.