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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 / chalapathi rao govada
Cash A/C Dr 22500
TDS A/C Dr 7500
To Interest on Bank deposit A/C 30000
( Being interest received on Bank
Depost and TDS is deducted)
| Is This Answer Correct ? | 22 Yes | 3 No |
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