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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.

Answer Posted / rabindra nayak

Bank A/c 5,22,500 Dr
TDS rec.A/c 2,500 Dr
FD A/c 5,00,000 Cr
Int.rec 25,000 Cr

Is This Answer Correct ?    3 Yes 0 No



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