Easy Office
LCI Learning

accounting entry in tally

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 August 2010 please suggest tds entry in tally and accurd interest in tally for three year with reason
Profile Image

CA. BIJENDER KR. BANSAL

Profile Image

CA. BIJENDER KR. BANSAL (Expert)
20 August 2010 Journal Entry will be made in each year
1st year
Intesrt Accured (Current Asset) Dr
To Interst Accured but not recd (Income)Cr

IInd Year

Intesrt Accured (Current Asset) Dr
To Interst Accured but not recd (Income)Cr

IIIrd YeAR iN WHICH YOU RECD INTERST ACCUTALY

BANK DR.
To INTERT ACCURED (cURRETN aSSET) (AMT 1ST pLUE 2ND yEAR)
To Intest Recd (Income )
Profile Image

CMA. Subhash Kumar Jha

Profile Image

CMA. Subhash Kumar Jha (Expert)
20 August 2010 Interest receivable Dr.

TDS on Interest Dr.

To Accrued Interest Cr.

Ideally the above should be the entry.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA. BIJENDER KR. BANSAL

Profile Image

CA. BIJENDER KR. BANSAL (Expert)
20 August 2010 INTERST ACCURED( CURRENT ASSET ) OR INTERST RECEIVABLE ACCOUNT THE SAME THING.

TDS MAY BE CONSIDERED IF DEDUCTED ANY.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links