Interested to Buy Any Domain ? << Click Here >> for more details...
Write entry for interest receivable from bank Rs. 15000 TDS
2250.
- 26 Answers
- 56244 Views
- Datamatics, Kalash Commodity, Overnite Express, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / soundar
Interest Receivable a/c 12750 DR
Advance tax - TDS a/c 2250 DR
To Interest Receivable a/c 15000 CR
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / srikant barick
Interest receivable a/c 12750.00 (Dr)
Tds input 2250.00 (Dr)
Interest received a/c 15000.00 (Cr)
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / tushar
When Interest Income arise;
Interest Receivable A/c Dr. (FOR Interest Amount)
To Interest (Income) A/C
When Cash received
Bank A/C Dr. Amount Received
TDS Recoverable A/C Dr TDS amount
To Interest Receivable A/c (FOR Interest Amount)
For provision only
Interest Receivable A/c Dr.
To Interest (Income) A/C
for TDS
TDS Recoverable A/C Dr
To Interest Receivable A/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / dfdsfas
Intrest receiable Dr. 15000 (Current Assesst)
TDS on Interest Dr 2250 (Current Assesst)
TO O/S Interest from Bank Cr 17500 ( Income in P&L account)
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sakthivelan
Bank A/c Dr. 13500
Adv. Income Tax A/c Dr. 1500
To Interest (Income) A/c 15000
Note:
1. Percentage of TDS on bank interest is 10%
2. TDS deducted on our receipt can be a/cted under Advance
Income Tax A/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pavan
Bank a/c dr
Intrest receviable a/c
TDs receivable a/c
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / arvind singh mobile 9990759908
PARTY A/C DR 12750
TDS DED A/C DR 2250
TO COMMISION 15000
WHEN WE RECEVED BANK ENTER
BANK AC DR 12750
TO PARTY AC 12750
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / vikas gupta
Bank A/c Dr 15000/-
to, Interest 12500/-
to, Tds receivable 2500/-
(Because Interest is a nominal A/c. therefore its come in a
credit side as per nominal a/c.
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / shiwani vaishnav
To Interest Receivable a/c Rs.15,000/-
By Tds a/c Rs. 2,250/-
By Bank/Cash a/c Rs. 12,750/-
Being interest received for the F.Y ......... on so and so
a/c.
| Is This Answer Correct ? | 6 Yes | 9 No |
How to entry pass tds of sundary debotors
What is Assesment Year
wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.
Can anybody tell me that what is the difference among ER- 1,ER-2,ER-5 and also write please applicablity circuler/rule for its limitation or please advice me the best book related rules which is helpful for excise accounting. "THANKS IN ADVANCE"
please tell me how to take stock (not enter in purchase) in Tally ERP 9 in Case the goods recived against from FORM 38 The Company sent me consignment for sale on behalf commisson & after sale he want FORM F. so please tell me procesure of TAke the Stock in Tally for the Created Sale Invoice & Tax Invoice. Thank You
What is c.s.t slab on furniture & fixture ?
How to adjustment of CST ? and also tell me about C-Form affairs ?
Need of Bank Reconciliation to a company
Tds return other than salary form.
what do u mean by excise duty?
on which product vat 14.5% applicable in maharashtra
1 Answers Everlast Composites, Tyvek,
land lord raise Rs 107175/- as rent on leased premises plus the service tax @ 10.30/- we deduct tds at the rate of 10% we avail 50% how to pass entries and how much amount do we have to pay
Audit 
