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 / anand chauhan
BANK A/C DR. 450,000
TDS RECEIVABLE A/C DR. 50,000
TO, FIXED DEPOSIT A/C 475,000
TO, INTEREST RECEIVED A/C 25,000
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
which items should be covered the Entry Tax by HP Govt instead of Purchased
How tax deduction at source is deducted
What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
WHEN FORM VAT R-2 USE?
WHAT IS EXCISE DUTY RATE IN HARYANA for RMC
what is excise return, what is form requirement and what is procedure for excise return?
What are the procedures for remitting WCT?
what is form 8? what are all the details to be collected while buying c form
Tell about dvat and dvat rate
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
what is the significance of business taxation in private company?
I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?
Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.
Dear Friends, Hai, i want to Know that How To Fill ETDS Return. Kindly Tell I'wll we very thankful to you. Deepak Gupa