19 July 2012
Suppose the Interest is Rs.100/- and TDS is RS.10/-, then:- 1. In case of Interest Accrued and Due Interest Receivable A/c Dr. 90.00 TDS Receivable A/c Dr. 10.00 To Interest Received(P&L) Cr. 100.00 2. In case interest accrued but not Due Interest Accrued But not DueDr. 90.00 TDS REceivable Dr. 10.00 To Interest Received (P&L) Cr. 100.00
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