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Bank give some interest on deposit less tds what is the
general entry for this?

Answer Posted / sourabh

first
interst exp dr 100
saurabh Cr 100

Second
Saurabh Dr 100
bank Cr 90
tds payable Cr 10

Third
tds payable dr 10
bank cr 10

Is This Answer Correct ?    5 Yes 2 No



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