Accounts Tax GST
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Fixed deposit made rs100000, after maturity bank gave interest rs20000 and deducted tds @10%on interest. What will be the entry. 

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Jan. 19, 2018, 2:40 p.m.

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Chandrababu Veerapaneni's image
Chandrababu Veerapaneni
March 2, 2018, 11:42 p.m.

CASH A/C  DR                   -1,00,000.00

INTEREST A/C DR             -   18,000.00

TDS RECEIVABLE A/C DR -     2,000.00

                          TO BANK A/C                        1,20,000.00

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