The Bank FD matured. The amount was Rs.500000, Interest was
Rs.25000, The TDS was 10%, What is Journal Entry for this.
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Answer Posted / nagachandra pattar
Bank/Cash A/c Dr 522500
TDS Receivable A/c Dr 2500
To FD A/c 500000
To Interest A/c 25000
| Is This Answer Correct ? | 67 Yes | 9 No |
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