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

Answer Posted / chalapathi rao govada

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)

Is This Answer Correct ?    22 Yes 3 No



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