Write entry for interest receivable from bank Rs. 15000 TDS
2250.
Answers were Sorted based on User's Feedback
Answer / hareesh bhatt
bank a/c ----dr 12750
tds a/c------dr 2250
to interest receivable a/c ----15000
| Is This Answer Correct ? | 131 Yes | 29 No |
Answer / supriya tukaram raut
bank a/c ----dr 15000
tds a/c------dr 2250
to interest receivable a/c ----17250
| Is This Answer Correct ? | 71 Yes | 38 No |
Answer / r.rajesh
We can do this below
1) Journal Entry
DR Interest Receiveable 17250
CR Interest Recd 17250
2) bank Entry
Cr Interest Receiveable 17250
Dr Bank 15000
Dr TDS Receiveable 2250
| Is This Answer Correct ? | 22 Yes | 10 No |
Answer / brijesh kumar
INTEREST RECEIVABLE A/C DR. 15000/-
TDS A/C DR. 2250/-
TO INREREST A/C CR. 17250/-
| Is This Answer Correct ? | 17 Yes | 7 No |
Answer / devendra d. chavhan
tds a/c dr 2250
bank a/c dr 12750
to interest receicable 15000
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / sarfraz
interest Receivable a/c Dr 15000
To Interest a/c 12750
To tds 2250
| Is This Answer Correct ? | 12 Yes | 6 No |
Answer / p. navaneetha krishnan
Hi,
1) If Interest receivable is inclusive of TDS (If u have /
confirm the TDS amount on this)then as follows.
Interest Receivable A/c. Dr. 12,750/-
TDS Receivable on Interest A/c. Dr. 2,250/-
Other Income (Interest Earned) - Rs.15,000/-
(Being Provision Entry for Interest Receivable)
2) If u don't have break-up for TDS on Interst Receivable
then,
Interest Receivable A/c. Dr. 15,000/-
Other Income (Interest Earned) - Rs.15,000/-
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / shiwani vaishnav
To Interest Receivable a/c Rs. 15,000/-
By TDS a/c Rs.2,250/-
By Bank/cash a/c Rs. 12,750/-
Narration:- Being Interest receivable for the F.Y ....... on
so and so a/c.
| Is This Answer Correct ? | 8 Yes | 5 No |
Answer / kumar
Interest Receivable A/c Dr 15000
To Interest A/c 12750
To TDS (Received) 2250
| Is This Answer Correct ? | 19 Yes | 18 No |
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