Bank give some interest on deposit less tds what is the
general entry for this?
Answers were Sorted based on User's Feedback
Answer / avantika
Bank a/c Dr.
Tds Payable a/c Dr.
To Interest on deposit a/c
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / sourabh
first
interst exp dr 100
saurabh Cr 100
Second
Saurabh Dr 100
bank Cr 90
tds payable Cr 10
Third
tds payable dr 10
bank cr 10
Is This Answer Correct ? | 5 Yes | 2 No |
Answer / shiva
Hiiii avanthika. y gave correct answer. keep it u.
Is This Answer Correct ? | 0 Yes | 0 No |
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