what will be entry if fixed deposit mature & bank deduct
tds also on it
Answers were Sorted based on User's Feedback
Answer / b.sarkar
Bank a/c Dr.
Income Tax Deducted At Source A/c Dr.
To Fixed Deposit A/c
Is This Answer Correct ? | 50 Yes | 10 No |
Answer / binod
1st
fd a/c dr
to bank(interest) a/c
2nd
tds a/c dr
to fd a/c
Is This Answer Correct ? | 17 Yes | 7 No |
Answer / dharmesh
Bank fd Principal Amt Rs - 5432476 Date 5/7/2015
Bank FD Maturity Amt Rs - 5463550 4/8/2015
Interest Rate 7.00
Renewal Account method Entry Please send to my email id
Is This Answer Correct ? | 5 Yes | 1 No |
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