The Bank FD matured. The amount was Rs.500000, Interest was
Rs.25000, The TDS was 10%, What is Journal Entry for this.
Answer Posted / robin goyal
Bank / Cash A/C ...... Dr. 5,22,500/-
T.D.S Receivable A/C ...... Dr. 2,500/-
To F.D A/C ....... 5,00,000/-
To Intt. A/C ..... 25,000/-
| Is This Answer Correct ? | 7 Yes | 1 No |
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