Write entry for interest receivable from bank Rs. 15000 TDS
2250.
Answer Posted / r.rajesh
We can do this below
1) Journal Entry
DR Interest Receiveable 17250
CR Interest Recd 17250
2) bank Entry
Cr Interest Receiveable 17250
Dr Bank 15000
Dr TDS Receiveable 2250
Is This Answer Correct ? | 22 Yes | 10 No |
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