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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