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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
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Answer Posted / s. mahesh
Bank A/c Dr. Rs.2,2500.00
Tds Receivable(Certifiate) a/c. Dr. 7500.00
To Intrest Received on bank deposit a/c 30000.00
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