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The Bank FD matured. The amount was Rs.500000, Interest was
Rs.25000, The TDS was 10%, What is Journal Entry for this.

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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