we deposited securoty to a party and now due to us interest
amount then party deduct TDS on interest but we not recive
cash or in bank he credited our account in his books so
what will be the journal entries in our's books.
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Answer Posted / anjana.sehgal@gmail.com
Party A/C - Dr.
TDS on Int - Dr.
To Interest Receivable.
(Being interest receivable on amount of security)
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