On FD interest TDS will be deducted. let me know how to pass that entry.
Suppose FD interest is 1100 including TDS 100 net is 1000
Answers!
FD/Accrued interest 1000
Tds receivable. 100
To Interest on FD. 1100
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Answer the question...
FD/Accrued interest 1000
Tds receivable. 100
To Interest on FD. 1100
Tds receivable. 100
To Interest on FD. 1100
Comment