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Categories >> Accounting >> Accounting-AllOther
 
 
 
Question 
Interest of Rs.30000/- is received from deposits Tds of Rs 
7500/- is deducted by the bank 
please pass the necessary entry for the same
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
Answer
 
Cash A/C                         Dr   22500
TDS A/C                          Dr    7500
     To Interest on Bank deposit A/C          30000

( Being interest received on Bank 
Depost and TDS is deducted)
 
5
Chalapathi Rao Govada
 
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