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The Bank FD matured. The amount was Rs.500000, Interest was
Rs.25000, The TDS was 10%, What is Journal Entry for this.
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Answer Posted / chandu
Bank A/c......Dr 5,22,500.00
TDS Receivable A/c 2,500.00
to F.D. A/c.......5,00,000.00
to Interest (F.D.. 25,000.00
| Is This Answer Correct ? | 22 Yes | 2 No |
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