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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